{"data":{"id":"us-ky/krs-184.383","jurisdiction":"us-ky","citation":"KRS 184.383","heading":"District not required to pay state or local taxes or assessments --","body":"Conditions.\nThe exercise of the powers granted by KRS 184.350 to 184.395 is in all respects for the\nbenefit of the people of the state, for the increase of their commerce and  prosperity, and\nfor the improvement of their health and living conditions. As the construction,\nmaintenance, and repair of projects by a transportation improvement district constitute the\nperformance of essential governmental functions, the district shall  not be required to pay\nany state or local taxes or assessments upon any project, or upon revenues or any property\nacquired or used by the district under KRS 184.350 to 184.395, or upon the income\ntherefrom. The bonds issued under KRS 184.350 to 184.395, t heir transfer, and the\nincome therefrom, including any profit made on the sale thereof, shall at all times be free\nfrom taxation within the state.","path":["KRS Chapter 184"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53026","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:36Z","sha256":"d514f7b13b0e20bcc08baed8e776a0f0ef0a23e100defe34db594071bff9720b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-184.380","next":"us-ky/krs-184.385"},"notice":"GroundRules: Original legal text. Not legal advice."}