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 Aug. 10, 1948, ch. 832 62 Stat. 1281 Apr. 20, 1950, ch. 94 64 Stat. 59 Pub. L. 90–19, § 1(a)(3)81 Stat. 17 (, title VII, § 711, as added , title IV, § 401, ; amended , title I, § 122, ; , , .)
Editorial Notes
Amendments
Pub. L. 90–191967— substituted “Secretary” for “Commissioner”.
1950—Act , substituted “Commissioner” for “Administrator” wherever appearing.