Section 41-10-429
Properties, etc., forever exempt from any and all taxation.
The properties of the authority and the income therefrom, all lease agreements made by the authority and all lien notices, mortgages, assignments and financing statements filed with respect thereto shall be forever exempt from any and all taxation of the State of Alabama and its political subdivisions.
(Acts 1990, No. 90-293, p. 396, §10.)