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357A.15 Taxing prohibited.

No district shall have any power to levy any taxes. Neither the facilities constructed or otherwise acquired by any district, including but not limited to ponds, reservoirs, pipelines, wells, check dams, and pumping installations, the revenues obtained by the district from the sale of water, nor the revenue bonds or interest therefrom issued by any district shall be taxable in any manner by the state of Iowa or any of its political subdivisions.

Section History: Early form

[C71, 73, 75, 77, 79, 81, § 357A.15]

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Last update: Mon Jan 27 16:05:08 CST 1997
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