51-41-19 - Tax exemption of projects.
§ 51-41-19. Tax exemption of projects.
Each project, all the water authority's interest therein, and all income from the project, is determined and declared by the Legislature to be public property used exclusively for a public purpose and shall be exempt from ad valorem taxation by all taxing authorities.
Sources: Laws, 2003, ch. 512, § 10, eff from and after July 1, 2003.