{"data":{"id":"us/26-u.s.c.-115","jurisdiction":"us","citation":"26 U.S.C. § 115","heading":"Income of States, municipalities, etc.","body":"Gross income does not include—(1) income derived from any public utility or the exercise of any essential governmental function and accruing to a State or any political subdivision thereof, or the District of Columbia; or (2) income accruing to the government of any possession of the United States, or any political subdivision thereof.","path":["Title 26—INTERNAL REVENUE CODE","CHAPTER 1—NORMAL TAXES AND SURTAXES"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc26@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:25Z","sha256":"fb8cbba05f4126b9313b0a4659f4ca2150863ab76bb22efaad68bf6a071cd5b4","source_id":"us","stale":false,"prev":"us/26-u.s.c.-114","next":"us/26-u.s.c.-116"},"notice":"GroundRules: Original legal text. Not legal advice."}