12 USC 1714: Taxation
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12 USC 1714: Taxation Text contains those laws in effect on November 20, 2024
From Title 12-BANKS AND BANKINGCHAPTER 13-NATIONAL HOUSINGSUBCHAPTER II-MORTGAGE INSURANCE

§1714. Taxation

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.

(June 27, 1934, ch. 847, title II, §208, 48 Stat. 1252 ; Feb. 3, 1938, ch. 13, §3, 52 Stat. 22 ; Apr. 20, 1950, ch. 94, title I, §122, 64 Stat. 59 ; Pub. L. 90–19, §1(a)(3), May 25, 1967, 81 Stat. 17 .)


Editorial Notes

Amendments

1967-Pub. L. 90–19 substituted "Secretary" for "Commissioner".

1950-Act Apr. 20, 1950, substituted "Commissioner" for "Administrator".

1938-Act Feb. 3, 1938, corrected error in spelling of "subdivision".