Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 2. WATER ADMINISTRATION |
Subtitle C. WATER DEVELOPMENT |
Chapter 17. PUBLIC FUNDING |
Subchapter B. WATER DEVELOPMENT BONDS |
Sec. 17.031. BONDS NOT TAXABLE
Latest version.
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Bonds issued under this chapter, the income from the bonds, and the profit made on their sale are free from taxation within the state.
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.