§39A‑205  Exemption from taxation of
department property.  All revenues derived by the department from any
energy project or under the project agreement pertaining thereto shall be
exempt from all state and county taxation.  Any right, title, and interest of
the department in any energy project shall also be exempt from all state and
county taxation.  Except as otherwise provided by law, the interest of the
project party or user of such project in an energy project or under the project
agreement or related agreement shall not be exempt from taxation to a greater
extent than it would be if the costs of the energy project were directly
financed by the project party or other user. [L 1981, c 151, pt of §2]