Health and Safety Code - HSC
DIVISION 31. HOUSING AND HOME FINANCE [50000 - 54913]
( Division 31 repealed and added by Stats. 1977, Ch. 610. ) PART 3. CALIFORNIA HOUSING FINANCE AGENCY [50900 - 51532]
( Heading of Part 3 amended (as amended by Stats. 1994, Ch. 94) by Stats. 2000, Ch. 471, Sec. 17.5. ) CHAPTER 6.3. Special Needs Housing [51312 - 51318]
( Chapter 6.3 added by Stats. 2006, Ch. 748, Sec. 4. ) 51313.
The exercise of the powers granted by this chapter shall be in all respects for the benefit of the people of this state and for their health and welfare. Therefore, any bonds issued by the agency, pursuant to this chapter, their transfer, and the income therefrom shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state, excepting inheritance and gift taxes.
(Added by Stats. 2006, Ch. 748, Sec. 4. Effective January 1, 2007.)