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§ 655.12. Tax exemptions

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 36 P.S. Highways and Bridges

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 36 P.S. Highways and Bridges
Chapter 1. State Highway System Generally (Refs & Annos)
Turnpikes (Refs & Annos)
Pocono Mountain Memorial Parkway (Refs & Annos)
36 P.S. § 655.12
§ 655.12. Tax exemptions
The accomplishment by the commission of the authorized purposes stated in this act being for the benefit of the people of the Commonwealth and for the improvement of their commerce and prosperity, in which accomplishment the commission will be performing essential governmental functions, the commission shall not be required to pay any taxes or assessments on any property acquired or used by it for the purposes provided in this act, and the bonds or other securities and obligations issued by the commission, their transfer and the income therefrom, including any profits made on the sale thereof, shall at all times be free from taxation within the Commonwealth.

Credits

1941, July 16, P.L. 386, § 12.
36 P.S. § 655.12, PA ST 36 P.S. § 655.12
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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