Title 12 — Banks and BankingRelease 119-73not60
§1750e Taxation
Title 12 › Chapter 13— NATIONAL HOUSING › Subchapter X— NATIONAL DEFENSE HOUSING INSURANCE › § 1750e
Summary
Property the Secretary holds must be taxed by state or local governments like other property.
Full Legal Text
Title 12, §1750e
Banks and Banking — Source: USLM XML via OLRC
Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1967—Pub. L. 90–19 substituted “Secretary” for “Commissioner”.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1750e
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60