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 1961, No. 716, p. 1014, §16.)
Bonds and Interest Exempt from Taxation
Ala. Code § 33-2-77, under 1961 Provisions for Facilities Along Inland Waterways.
Ala. Code § 33-2-77