2719 - Exemption from taxation of property and income. - New York Statutes

§ 2719. Exemption from taxation of property and income. The property of the authority, and its income and operations shall be exempt from taxation or assessments of every kind and nature; nor shall the authority be required to pay any filing or recording fee or transfer tax of any kind on account of instruments filed or recorded by it or on its behalf. Mortgages made or financed (directly or indirectly) by the authority shall be exempt from the mortgage recording taxes imposed by article eleven of the tax law.