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Title 12 — Banks and Banking

Chapter 13 — National Housing

§ 1741. State taxation of realty held by Secretary

Statutory text

Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61 · 55 Stat. 61

    Enacted · 12 U.S.C. § 1741

    June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61

    Source evidence

    Code source credit
    June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61

  2. Pub. L. 90–19 § 1(a)(3) · 81 Stat. 17

    Substituted · 12 U.S.C. § 1741

    Pub. L. 90–19 substituted “Secretary” for “Commissioner”

    Source evidence

    Code amendment note
    Pub. L. 90–19 substituted “Secretary” for “Commissioner”.

    Enacted provision · exact public law section
    (1) by striking out “Federal Housing Administration” each place it appears and inserting in lieu thereof “Department of Housing and Urban Development”;

1 of 2 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments1950–1967 · 2 rounds

1967

Pub. L. 90–19 substituted “Secretary” for “Commissioner”.

1950

Act , substituted “Commissioner” for “Administrator”.

Credits

1934–1967 · 3 acts
  1. 1934June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61
  2. 1950amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59
  3. 1967Pub. L. 90–19, § 1(a)(3), , 81 Stat. 17.
Show as published

(June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61; amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), , 81 Stat. 17.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s1741