12 USC § 1741 - State taxation of realty held by Secretary

---
identifier: "/us/usc/t12/s1741"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 1741 - State taxation of realty held by Secretary"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "1741"
section_name: "State taxation of realty held by Secretary"
chapter_number: 13
chapter_name: "NATIONAL HOUSING"
subchapter_number: "VI"
subchapter_name: "WAR HOUSING INSURANCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61; amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17.)"
---


# § 1741. State taxation of realty held by Secretary

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.

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**Source Credit**: (June 27, 1934, ch. 847, title VI, § 606, as added Mar. 28, 1941, ch. 31, § 1, 55 Stat. 61; amended Apr. 20, 1950, ch. 94, title I, § 122, 64 Stat. 59; Pub. L. 90–19, § 1(a)(3), May 25, 1967, 81 Stat. 17.)

## Editorial Notes

### Amendments

1967— substituted “Secretary” for “Commissioner”.

1950—Act , substituted “Commissioner” for “Administrator”.