- (a) The source of payment for the principal of and interest on each State bond that is sold as part of a State and local facilities loan shall be as provided in the enabling act under which the State bond is issued.
- (b) This section does not affect any exemption from taxation provided by law.
Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985.
Formerly Art. 31, § 2B.