Section 9-957 - Authority and Bonds Exempt From Tax

(a) An authority is not required to pay any tax or assessment on: (1) Any project; or (2) The income from any project. (b) This State, any political subdivision, and any other public agency in this State may not tax: (1) Any bond that is issued under this subtitle; (2) The transfer of the bond; or (3) Any income from the bond, including any profit on the sale of the bond.