Texas Special District Local Laws Code § 1059.208 Bonds Exempt From Taxation

Sec. 1059.208. 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) any transaction relating to 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  1059.201  1059.202  1059.203  1059.204  1059.205  1059.206  1059.207  1059.208  1059.251  1059.252  1059.253  1059.301  1059.302  1059.303  1059.304  Next

Last modified: September 28, 2016