16 U.S.C. § 1111 — Exemption from taxation
submitted 62 years ago by Pub. L. 88-363 to r/title-16-CONSERVATION · 53 words · no verdicts yet
The Commission is exempt from Federal, State, and municipal taxes on its property, gifts, and income. The exemption covers income from appropriations, admission fees, concessions, and donations.
The Commission* shall not be subject to Federal, State, or municipal taxation in the United States on any real or personal property held by it or on any gift, bequest, or devise to it of any personal or real property, or on its income, whether from governmental appropriations, admission fees, concessions, or donations.
Source credit: (Pub. L. 88–363, § 12, July 7, 1964, 78 Stat. 301.)
- 1964Enacted · Pub. L. 88-363 · 78 Stat. 301
A history note hasn’t been published yet. The record shows enactment by Pub. L. 88-363 on 1964-07-07.
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