12 USC 1747j: Taxation of real property
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12 USC 1747j: Taxation of real property Text contains those laws in effect on April 30, 2024
From Title 12-BANKS AND BANKINGCHAPTER 13-NATIONAL HOUSINGSUBCHAPTER VII-INSURANCE FOR INVESTMENTS IN RENTAL HOUSING FOR FAMILIES OF MODERATE INCOME

§1747j. Taxation of real property

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, title VII, §711, as added Aug. 10, 1948, ch. 832, title IV, §401, 62 Stat. 1281 ; amended Apr. 20, 1950, ch. 94, title I, §122, 64 Stat. 59 ; Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17 .)


Editorial Notes

Amendments

1967-Pub. L. 90–19 substituted "Secretary" for "Commissioner".

1950-Act Apr. 20, 1950, substituted "Commissioner" for "Administrator" wherever appearing.