Public Law 119-88 (05/04/2026)

12 U.S.C. § 1714

Taxation

Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.

June 27, 1934, ch. 847 48 Stat. 1252 Feb. 3, 1938, ch. 13, § 3 52 Stat. 22 Apr. 20, 1950, ch. 94 64 Stat. 59 Pub. L. 90–19, § 1(a)(3)81 Stat. 17 (, title II, § 208, ; , ; , title I, § 122, ; , , .)

Editorial Notes

Amendments

Pub. L. 90–191967— substituted “Secretary” for “Commissioner”.

1950—Act , substituted “Commissioner” for “Administrator”.

1938—Act , corrected error in spelling of “subdivision”.