§ 5-1-2-4-22

Bonds issued under this article and:(1) proceeds received from their sale by a holder, to the extent of the holder's costs of acquisition;(2) proceeds received on their redemption before maturity;(3) proceeds received at their maturity; and(4) interest received on them;are exempt from state taxes as provided by IC 6-8-5.As added by P.L.189-2018, SEC.25.