Okla. Stat. tit. 74, § 74-1226.10: Exercise of powers

The exercise of the powers granted by this act will be in all

respects for the benefit of the people of the state, for the

increase of their education, commerce and prosperity, and as the

operation and maintenance of projects by the Authority will

constitute the performance of essential governmental functions, the

Authority shall not be required to pay any taxes or assessments upon

any project or any property acquired or used by the Authority under

the provisions of this act or upon the income therefrom.