§ 5-1.2-4-22 — Bonds; exempt from state taxes

Indiana § 5-1.2-4-22

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 4: General Powers and Duties

Text

Bonds issued under this article and:
(1) proceeds received from their sale by a holder, to the extent of
the holder's costs of acquisition;
(2) proceeds received on their redemption before maturity;
(3) proceeds received at their maturity; and
(4) interest received on them;
are exempt from state taxes as provided by IC 6-8-5.

Legislative History

As added by P.L.189-2018, SEC.25.