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New York Consolidated Laws, Public Authorities Law - PBA § 1039. Exemption from taxation

Current as of January 01, 2026 | Updated by Findlaw Staff

The real and personal property of the authority shall be exempt from all taxation, and so shall all of its activities and operations, except that the owners of its bonds and other obligations shall be subject to transfer and estate taxes.

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Cite this article: FindLaw.com - New York Consolidated Laws, Public Authorities Law - PBA § 1039. Exemption from taxation - last updated January 01, 2026 | https://codes.findlaw.com/ny/public-authorities-law/pba-sect-1039/

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