Texas Special District Local Laws Code § 11006.264 Bonds Exempt From Taxation

Sec. 11006.264. BONDS EXEMPT FROM TAXATION. An authority bond, the transfer of the bond, and the income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.


Text of section effective on April 01, 2017


Section: Previous  11006.204  11006.251  11006.252  11006.253  11006.254  11006.255  11006.256  11006.257  11006.258  11006.259  11006.260  11006.261  11006.262  11006.263  11006.264

Last modified: September 28, 2016