In addition to all tax exemptions given by the Compact to the Authority, to its property,
and to the bonds or other securities or obligations issued by it, no property, real
or personal, nor its transfer or use, shall be subject to any tax by the Commonwealth
of Pennsylvania or the State of New Jersey, or any political subdivisions of either
of them, imposed on the purchase, use, sale, transfer or on the privilege of transferring
title to such property, or on the execution, delivery or recording of any written
instrument in connection therewith, to or by the Authority, in carrying out the project
authorized by this act or in carrying out any other undertaking of the Authority.
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