Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 11. PUBLIC SAFETY |
Subtitle B. COUNTY PUBLIC SAFETY |
Chapter 351. COUNTY JAILS AND LAW ENFORCEMENT |
Subchapter G. JAIL DISTRICT |
Sec. 351.157. TAX STATUS OF BONDS
Latest version.
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Bonds issued by a district under this subchapter, any transaction relating to the bonds, and profits made in the sale of the bonds are free from taxation by the state or by any municipality, county, special district, or other political subdivision of the state.
Added by Acts 1989, 71st Leg., ch. 1, Sec. 74(a), eff. Aug. 28, 1989.