State Tax Maps

FHLB & FFCB Bond Interest

12 U.S.C. §1433 (FHLB Act) and §2023 (Farm Credit Act) mandate state tax exemption for these bonds. Contrast: FNMA/FHLMC have no bondholder exemption statute.

TY 2025
Exempt (12 U.S.C. §1433 / §2023)
Territory (exempt, medium confidence)
fed·salt · every value cited to primary .gov statute · click any state for the sourcefed-salt.com

TY2025. All income-tax states exempt FHLB and FFCB under 12 U.S.C. §1433 and §2023 (high confidence). Territories (*): exempt under §1433 language or intergovernmental immunity (medium confidence; no territorial ruling found). WA CG excise does not reach interest income.