Texas Special District Local Laws Code § 1046.208 Bonds Exempt From Taxation

Sec. 1046.208. 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 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Section: Previous  1046.158  1046.159  1046.160  1046.161  1046.201  1046.202  1046.203  1046.204  1046.205  1046.206  1046.207  1046.208  1046.251  1046.252  1046.253  Next

Last modified: September 28, 2016