Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 2719 — Exemption from taxation of property and income
N.Y. Pub. Auth. Law § 2719
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2719. Exemption from taxation of property and income. The property of the authority, and its income and operations shall be exempt from taxation or assessments of every kind and nature; nor shall the authority be required to pay any filing or recording fee or transfer tax of any kind on…
Citator
N.Y. Pub. Auth. Law § 2719 — Exemption from taxation of property and income is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2719. Exemption from taxation of property and income. The property of the authority, and its income and operations shall be exempt from taxation or assessments of every kind and nature; nor shall the authority be required to pay any filing or recording fee or transfer tax of any kind on account of instruments filed or recorded by it or on its behalf. Mortgages made or financed (directly or indirectly) by the authority shall be exempt from the mortgage recording taxes imposed by article eleven of the tax law.