Oregon Code § 391.600·Enacted ·Last updated March 01, 2026
Statute Text
Tax
exempt status of income, property and bond interest.
(1) The income and, to the extent
permitted by the Constitution, the property of the Oregon Mass Transportation
Financing Authority shall be exempt from all taxation in the State of Oregon.
For purposes of the Oregon Securities Law, bonds issued by the authority shall
be deemed to be securities issued by an instrumentality or a political
subdivision of the State of Oregon.
(2) Interest
payable on bonds of the authority shall be exempt from taxes imposed on income
by the State of Oregon. [1977 c.662 §12]
Plain English Explanation
This Oregon statute addresses Tax
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 391.600
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Tax
. Read the full statute text above for details.
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