Alaska Statutes Title 18. Health, Safety, Housing, Human Rights, and Public Defender § 18.26.230. Authority as a public body; tax status of assets, income and bonds

(a) The authority, all assets at any time owned by it, the income from those assets, and all bonds issued by the authority, together with the coupons applicable to them, and the income from them, are exempt from all taxation and special assessments in this state except for gift, inheritance, and estate taxes. However, real property and personal property owned by the authority and leased to a third party is subject to property taxation if that property would be subject to taxation if owned by the lessee of it.

(b) Repealed.