KRS 96A.140: Tax-exempt nature of authority's property, bonds.

Revenue bonds and mortgage bonds of an authority, together with interest thereon, shall

be exempt from ad valorem and income taxation by the Commonwealth and all of its

political subdivisions. The properties, moneys and other assets of an authority, and al l

revenues or other income of an authority, shall be exempt from all taxation, licenses, fees,

or charges of any kind imposed by the state or by any county, municipality, political

subdivision, taxing district, or other public agency or body of the state.