Bonds and Interest Exempt from Taxation

Ala. Code § 33-2-136, under 1967 Provisions for Facilities Along Inland Waterways.

Ala. Code § 33-2-136

Any bonds issued pursuant to the authority of this article and the interest thereon shall be exempt from all taxation by the state of Alabama or any political subdivision thereof. (Acts 1967, No. 268, p. 765, §17.)