Sec. 1064.258. BONDS EXEMPT FROM TAXATION


Latest version.
  • The following are exempt from taxation by this state or a political subdivision of this state:

    (1) bonds issued by the district;

    (2) the transfer and issuance of the bonds; and

    (3) profits made in the sale of the bonds.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.01, eff. April 1, 2011.