Certificates of indebtedness issued under the provisions of this subchapter, and the interest thereon, shall be exempt from all state, county, and municipal taxes. This exemption shall include income, property, inheritance, and estate taxes.
Certificates of indebtedness — Tax exemption
Ark. Code Ann. § 22-3-1211 — under Public Buildings and Other Facilities.
Ark. Code Ann. § 22-3-1211