Maine Statutes

§ 20-A §3647 — Tax exemption

Maine·Title 20-A EDUCATION·Part 2 SCHOOL ORGANIZATION·Ch. 121 MAINE-NEW HAMPSHIRE INTERSTATE SCHOOL COMPACT
Bonds and notes of an interstate school district shall be exempt from local property taxes in both states, and the interest or discount thereon and any profit derived from the disposition thereof shall be exempt from personal income taxes in both states.

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Legislative History

PL 1981, c. 693, §§5,8 (NEW).

Nearby Sections

15
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