§ 9-2608. Taxes

Latest version.

   (a) Payment not required. -- Except as provided in subsection (b) of this section, the Corporation is not required to pay taxes or assessments on its:

   (1) properties;

   (2) activities; or

   (3) revenue derived from its properties or activities.

(b) Payment required on sale or lease of land or facilities. -- If the Corporation sells or leases land or facilities to a private entity, the land or facilities shall be subject to real property taxes.

HISTORY: 2004, ch. 26, § 2.

                    
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