{"data":{"id":"us-ky/krs-56.869","jurisdiction":"us-ky","citation":"KRS 56.869","heading":"Tax exemptions for notes issued by the commission -- Negotiability of notes.","body":"Interest on all funding notes, project notes, and tax and revenue anticipation notes issued\nby the commission shall be exempt from income taxation and the funding notes, project\nnotes, and tax and revenue anticipation notes shall be exempt from ad valorem  taxation\nby the Commonwealth and its political subdivisions. All funding notes, project notes, and\ntax and revenue anticipation notes issued pursuant to KRS 56.860 to 56.869 shall be\nnegotiable instruments.","path":["KRS Chapter 56"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=22742","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:12Z","sha256":"06fb2b9ea5c2ce4d7224d87fdf6d389892938b01f2b3233ac9766545fdbab3b1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-56.868","next":"us-ky/krs-56.870"},"notice":"GroundRules: Original legal text. Not legal advice."}