{"data":{"id":"us-ok/okla.-stat.-tit.-69-69-1714","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 69, § 69-1714","heading":"Exemptions from taxation - Leased property subject to","body":"taxation.\n\nThe exercise of the powers granted by this article will be in\n\nall respects for the benefit of the people of the state, for the\n\nincrease of their commerce and prosperity, and for the improvement\n\nof their health and living conditions, and as the operation and\n\nmaintenance of turnpike projects by the Authority will constitute\n\nthe performance of essential governmental functions, the Authority\n\nshall not be required to pay any taxes or assessments upon any\n\nturnpike project or any property acquired or used by the Authority\n\nunder the provisions of this article or upon the income therefrom,\n\nand the bonds issued under the provisions of this article, their\n\ntransfer and the income therefrom (including any profit made on the\n\nsale thereof) shall at all times be free from taxation within the\n\nstate. The Authority is hereby limited in its power to acquire\n\nproperty to the acquisition of property which is necessary to the\n\nconstruction and operation of the turnpike. And all property, both\n\nreal and personal, belonging to the Authority that is leased for\n\nconcessions, such as filling stations and restaurants, shall be\n\nsubject to taxation, the same as other privately owned property.","path":["OK Code","Title 69"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os69.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"35496b29589d7733e95ea7d3c0d1311e9c0fb454f6be35e176047e082bd6645a","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-69-69-1713","next":"us-ok/okla.-stat.-tit.-69-69-1715"},"notice":"GroundRules: Original legal text. Not legal advice."}