HRS §39A-164
Special purpose revenue bonds are tax-exempt
This section says that special purpose revenue bonds issued under this part, and the income they earn, are free from state and county taxes. However, they are still subject to inheritance, transfer, and estate taxes.
everyone
The statute, as written — ‑164 Special purpose revenue bonds exempt from taxation
Special purpose revenue bonds and the income therefrom issued pursuant to this part shall be exempt from all state and county taxation except inheritance, transfer, and estate taxes.
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