Title 42 — The Public Health and Welfare
Part B · Chapter 59 — National Urban Policy and New Community Development
§ 4525. Real property taxation
Statutory text
Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lien or subrogation rights from real property taxation 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.
Housing and Urban Development Act of 1970
Pub. L. 91–609 title VII § 724 · 84 Stat. 1770
Enacted · 42 U.S.C. § 4525
(Pub. L. 91–609, title VII, § 724, Dec. 31, 1970, 84 Stat. 1801.)
Source evidence
Code source credit
(Pub. L. 91–609, title VII, § 724, Dec. 31, 1970, 84 Stat. 1801.)Enacted provision · exact public law section
Sec. 724. real property taxation Nothing in this part shall be construed to exempt any real property that may be acquired and held by the Secretary as a result of the exercise of lieu or subrogation rights from real property taxation to the same extent, according to its value, as other real property is taxed.
1 of 1 references resolved to an enrolled provision