---
type: "LegalText"
title: "12 U.S.C. § 1741"
description: "State taxation of realty held by Secretary"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "13"
chapter_name: "NATIONAL HOUSING"
section: "1741"
citation: "12 U.S.C. § 1741"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s1741"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "564fd0b08ffd40b826502a1a8ea1ccfe79e3cfb25f856bcd24f9c861ed35c3eb"
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text_hash: "c052e2a5d7994b63cf085ac3eff761658944a98de8dd4af806dbbafc2a30048e"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 12 U.S.C. § 1741 - State taxation of realty held by Secretary

## Text

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.

(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.)

## Notes

Editorial Notes

Amendments1967—Pub. L. 90–19 substituted “Secretary” for “Commissioner”. 1950—Act Apr. 20, 1950, substituted “Commissioner” for “Administrator”.