Agriculture and Business Development Authority bonds,
tax exemption repealed.
be amended to read as follows:
The exercise of the powers granted by this chapter
be in all respects for the
benefit of the people of the state
, and the
authority is not required to pay any tax or assessment
on any property owned by the authority under the provisions of this chapter or upon the income
therefrom; nor is the authority required to pay any transfer tax of any kind on account of
instruments recorded by it or on its behalf.