<section xmlns="http://xml.house.gov/schemas/uslm/1.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dcterms="http://purl.org/dc/terms/" style="-uslm-lc:I80" id="id72fad172-5fdd-11e6-9434-bc67956b1590" identifier="/us/usc/t12/s1741"><num value="1741">§ 1741.</num><heading> State taxation of realty held by Secretary</heading><content>
<p style="-uslm-lc:I11" class="indent0">Nothing in this subchapter shall be construed to exempt any real property acquired and held by the Secretary under this subchapter from taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed.</p>
</content><sourceCredit id="id72fad173-5fdd-11e6-9434-bc67956b1590">(<ref href="/us/act/1934-06-27/ch847">June 27, 1934, ch. 847</ref>, title VI, § 606, as added <ref href="/us/act/1941-03-28/ch31">Mar. 28, 1941, ch. 31</ref>, § 1, <ref href="/us/stat/55/61">55 Stat. 61</ref>; amended <ref href="/us/act/1950-04-20/ch94">Apr. 20, 1950, ch. 94</ref>, title I, § 122, <ref href="/us/stat/64/59">64 Stat. 59</ref>; <ref href="/us/pl/90/19">Pub. L. 90–19</ref>, § 1(a)(3), <date date="1967-05-25">May 25, 1967</date>, <ref href="/us/stat/81/17">81 Stat. 17</ref>.)</sourceCredit>
<notes type="uscNote" id="id72fad174-5fdd-11e6-9434-bc67956b1590">
<note style="-uslm-lc:I74" topic="amendments" id="id72fad175-5fdd-11e6-9434-bc67956b1590"><heading class="centered smallCaps">Amendments</heading><p style="-uslm-lc:I21" class="indent0">1967—<ref href="/us/pl/90/19">Pub. L. 90–19</ref> substituted “Secretary” for “Commissioner”.</p>
<p style="-uslm-lc:I21" class="indent0">1950—Act <date date="1950-04-20">Apr. 20, 1950</date>, substituted “Commissioner” for “Administrator”.</p>
</note>
</notes>
</section>