Sec. 325.088. TAX STATUS OF BONDS. Bonds issued by a district under this chapter, any transaction relating to the bonds, and profits made in the sale of the bonds, are free from taxation by the state or by any municipality, county, special district, or other political subdivision of the state.
Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.
Section: Previous 325.065 325.066 325.067 325.068 325.069 325.070 325.081 325.082 325.083 325.084 325.085 325.086 325.087 325.088 325.089 NextLast modified: September 28, 2016