Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle I. WATER CONTROL AND IMPROVEMENT DISTRICTS |
Chapter 9003. AQUILLA-HACKBERRY CREEK CONSERVATION DISTRICT |
Subchapter D. TAXES AND BONDS |
Sec. 9003.154. TAX STATUS OF BONDS
Latest version.
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All bonds issued by the district, the transfer of the bonds, and the income from the bonds, including profits from the sale of the bonds, may not be taxed by the state or by any municipal corporation, county, or other political subdivision or taxing district of the state.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.