12 U.S.C. § 1747j

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 1747j - Taxation of real property

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.

12 U.S.C. § 1747j

June 27, 1934, ch. 847, title VII, §711, as added Aug. 10, 1948, ch. 832, title IV, §401, 62 Stat. 1281; amended Apr. 20, 1950, ch. 94, title I, §122, 64 Stat. 59; Pub. L. 90-19 §1(a)(3), May 25, 1967, 81 Stat. 17.

EDITORIAL NOTES

AMENDMENTS1967- Pub. L. 90-19 substituted "Secretary" for "Commissioner". 1950-Act Apr. 20, 1950, substituted "Commissioner" for "Administrator" wherever appearing.

State

The term "State" means any State, territory, or possession of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, American Samoa, or the United States Virgin Islands or any federally recognized Indian tribe, as defined by the Secretary of the Interior under section 5131(a) of title 25.