Texas Special District Local Laws Code § 1070.259 Bonds Exempt From Taxation

Sec. 1070.259. 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  1070.209  1070.210  1070.211  1070.251  1070.252  1070.253  1070.254  1070.255  1070.256  1070.257  1070.258  1070.259  1070.301  1070.302  1070.303  Next

Last modified: September 28, 2016