§ 1741. — State taxation of realty held by Secretary.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1741]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER VI--WAR HOUSING INSURANCE
Sec. 1741. State taxation of realty held by Secretary
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 VI, Sec. 606, as added Mar. 28, 1941, ch.
31, Sec. 1, 55 Stat. 61; amended Apr. 20, 1950, ch. 94, title I,
Sec. 122, 64 Stat. 59; Pub. L. 90-19, Sec. 1(a)(3), May 25, 1967, 81
Stat. 17.)
Amendments
1967--Pub. L. 90-19 substituted ``Secretary'' for ``Commissioner''.
1950--Act Apr. 20, 1950, substituted ``Commissioner'' for
``Administrator''.
