Texas Special District Local Laws Code § 1085.206 Bonds Exempt From Taxation

Sec. 1085.206. 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 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Section: Previous  1085.158  1085.159  1085.201  1085.202  1085.203  1085.204  1085.205  1085.206  1085.251  1085.252  1085.253  1085.254  1085.301  1085.302  1085.303  Next

Last modified: September 28, 2016