Idaho § 39-8113 - Notes and bonds of financing authority are tax exempt
Full text of Idaho Idaho Statutes § 39-8113 — Notes and bonds of financing authority are tax exempt, with citation guidance and answers to common questions.
§ 39-8113. Notes and bonds of financing authority are tax exempt
The basin project commission and the financing authority perform essential governmental functions in the exercise of the powers conferred upon them under this chapter. The notes and bonds of the financing authority issued under this chapter, and the income therefrom, including any profit made on the sale thereof, and all its fees, charges, gifts, grants, revenues, receipts, and other moneys received, pledged to pay or secure the payment of the notes or bonds, are exempt from taxation by the state, municipalities and all other political subdivisions of the state. Any property acquired or used by the basin project commission consistent with this chapter are exempt from taxation and assessments.
[39-8113, added 2001, ch. 371, sec. 2, p. 1307.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 39-8113
What does Idaho Statutes § 39-8113 cover?
Section 39-8113 ("Notes and bonds of financing authority are tax exempt") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 39-8113?
A common citation format is "Idaho Statutes § 39-8113" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 39-8113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.