N.Y. Bridges and Tunnels New York/New Jersey 47/31 § 14: No title

§ 14. The construction, maintenance and operation of vehicular bridges

and tunnels within the said port of New York district (including the

said Holland tunnel and the said Midtown Hudson tunnel), are and will be

in all respects for the benefit of the people of the states of New York

and New Jersey, for the increase of their commerce and prosperity and

for the improvement of their health and living conditions; and the port

authority shall be regarded as performing an essential governmental

function in undertaking the construction, maintenance and operation

thereof and in carrying out the provisions of law relating thereto, and

shall be required to pay no taxes or assessments upon any of the

property acquired or used by it for such purposes.