{"data":{"id":"us/12-u.s.c.-531","jurisdiction":"us","citation":"12 U.S.C. § 531","heading":"Exemption from taxation","body":"Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.","path":["Title 12—BANKS AND BANKING","CHAPTER 4—TAXATION"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"d7298259ea5b8b62f516a5a71832743d6c527acfca5c9074959338af8ca9ea3f","source_id":"us","stale":true,"prev":"us/12-u.s.c.-522","next":"us/12-u.s.c.-541"},"notice":"GroundRules: Original legal text. Not legal advice."}