California Public Utilities Code Section 100491

CA Pub Util Code § 100491 (2017)  

All bonds and other evidences of indebtedness issued by the VTA under the provisions of this part, and the interest thereon, are free and exempt from all taxation within the State of California, except for transfer, franchise, inheritance, and estate taxes.

(Amended by Stats. 2016, Ch. 381, Sec. 104. (AB 2196) Effective January 1, 2017.)

Last modified: October 25, 2018