§ 1129. Tax exemption

Latest version.

None of the funds distributed under the provisions of sections 1122 to 1130 of this title shall be subject to Federal or State income taxes.

(Pub. L. 92–309, § 8, June 2, 1972, 86 Stat. 200.)

Codification

Section was not enacted as part of Pub. L. 89–659, Oct. 14, 1966, 80 Stat. 909, which comprises this subchapter.

                    
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