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12 U.S.C. § 1750e — Taxation

submitted 92 years ago by ch. 847 to r/title-12-BANKS-AND-BANKING · 44 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section concerns taxation. It sets out the rules in the supplied section.

Nothing in this subchapter must be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision of it, to that extent, according to its value, as other real property is taxed.
the actual law source: uscode.house.gov ↗public domain

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.

Source credit: (June 27, 1934, ch. 847, title IX, § 906, as added Sept. 1, 1951, ch. 378, title II, § 201, 65 Stat. 301; amended Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17.)

history & why it existsrecord from the source credit
  • 1934Enacted · Act of June 27, 1934, ch. 847 · 65 Stat. 301
  • 1967Amended · Pub. L. 90-19 · 81 Stat. 17

A history note hasn’t been published yet. The record shows enactment by ch. 847 on 1934-06-27.

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