{"data":{"id":"us-ky/krs-175.560","jurisdiction":"us-ky","citation":"KRS 175.560","heading":"Turnpike properties and bonds are tax-exempt.","body":"The exercise of the powers granted by this chapter will be in all respects for the benefit of\nthe people of the Commonwealth, for the increase of their commerce and prosperity, and\nfor the improvement of their health and living conditions, and as the opera tion and\nmaintenance of a turnpike project or projects by the authority will constitute the\nperformance of essential governmental functions, the authority shall not be required to\npay any taxes or assessments upon any turnpike project or any property acqui red or used\nby the authority under the provisions of this chapter or upon the income therefrom, and\nthe bonds issued under the provisions of this chapter, their transfer and the income\ntherefrom (including any profit made on the sale thereof) shall at all times be free from\ntaxation within the Commonwealth.","path":["KRS Chapter 175"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5088","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:25Z","sha256":"eee922815cc1799557c24eb3421e6cee7cf84bc3c13feaf62b1e5d46e89adbb3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-175.550","next":"us-ky/krs-175.570"},"notice":"GroundRules: Original legal text. Not legal advice."}