New York Public Authorities Law Section 161 - Bonds to be tax exempt.

*    161.  Bonds  to  be  tax  exempt. The bonds shall be exempt from
  taxation except for transfer and estate taxes. This section shall  apply
  only to bonds issued before January first, nineteen hundred thirty-nine.
  Nothing  in  this section shall be construed to repeal any tax exemption
  granted by general law.
* NB (Authority abolished June 30, 1978)

Last modified: February 3, 2019