The Florida Senate

1009.9993  Tax exemption.--Neither an authority nor its agent or trustee shall be required to pay any taxes or assessments upon any transactions, or any property acquired or used by the authority or its agents or trustees under the provisions of this act or upon the income therefrom. Any bonds, notes, or other obligations issued under the provisions of this act and their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be exempt from taxation of any kind by the state or any of its political subdivisions. The exemption granted by this section shall not be applicable to any tax imposed by chapter 220 on interest, income, or profits on debt obligations owned by corporations.

History.--s. 521, ch. 2002-387.