{"data":{"id":"us-mi/mich.-comp.-laws-447.164","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 447.164","heading":"Tax exemptions generally.","body":"Sec. 14.\n\nThe bonds, interest on the bonds, and the transfer of the bonds authorized under this act shall be exempt from all taxation by this state or any of its political subdivisions, except for inheritance, estate, or gift taxes.","path":["MI Code","Chapter 447","Act Act-157-of-1986"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-447-164","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"71e525f475500506cc717e0ff88f9cb834065ea6d90fd6d0b05180b25bffcaf9","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-447.163","next":"us-mi/mich.-comp.-laws-447.165"},"notice":"GroundRules: Original legal text. Not legal advice."}