Texas Special District Local Laws Code § 1069.258 Bonds Exempt From Taxation

Sec. 1069.258. BONDS EXEMPT FROM TAXATION. 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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Section: Previous  1069.209  1069.210  1069.211  1069.212  1069.251  1069.252  1069.253  1069.254  1069.255  1069.256  1069.257  1069.258  1069.301  1069.302  1069.303  Next

Last modified: September 28, 2016