Sec. 45.160. TAX EXEMPTION. Recognizing the fact that the property owned by an authority will be held for public purposes only and will be devoted exclusively to the use and benefit of the public, it is exempt from taxation of every character.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Section: Previous 45.153 45.154 45.155 45.156 45.157 45.158 45.159 45.160 45.161 45.162 45.163 45.201 45.202 45.203 45.204 NextLast modified: September 28, 2016