Texas Government Code § 1401.101 Exemption From Taxation

Sec. 1401.101. EXEMPTION FROM TAXATION. A bond issued under this chapter, any transaction related to the bond, and profits made in the sale of the bond are exempt from taxation by this state, a state agency, or a municipality or other political subdivision of this state.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Section: Previous  1401.022  1401.041  1401.042  1401.043  1401.044  1401.045  1401.061  1401.062  1401.063  1401.064  1401.065  1401.081  1401.082  1401.083  1401.101

Last modified: September 28, 2016