
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC1715]

 
                            TITLE 25--INDIANS
 
               CHAPTER 19--INDIAN LAND CLAIMS SETTLEMENTS
 
           SUBCHAPTER I--RHODE ISLAND INDIAN CLAIMS SETTLEMENT
 
                          Part B--Tax Treatment
 
Sec. 1715. Exemption from taxation


(a) General exemption

    Except as otherwise provided in subsections (b) and (c) of this 
section, the settlement lands received by the State Corporation shall 
not be subject to any form of Federal, State, or local taxation while 
held by the State Corporation.

(b) Income-producing activities

    The exemption provided in subsection (a) of this section shall not 
apply to any income-producing activities occurring on the settlement 
lands.

(c) Payments in lieu of taxes

    Nothing in this subchapter shall prevent the making of payments in 
lieu of taxes by the State Corporation for services provided in 
connection with the settlement lands.

(Pub. L. 95-395, title II, Sec. 201, as added Pub. L. 96-601, Sec. 5(a), 
Dec. 24, 1980, 94 Stat. 3498.)


                             Effective Date

    Section 5(b) of Pub. L. 96-601 provided that: ``The amendment made 
by subsection (a) [enacting this part] shall take effect on September 
30, 1978.''
