Texas Special District Local Laws Code § 3503.154 Exemption From Taxation

Sec. 3503.154. EXEMPTION FROM TAXATION. The property, revenue, and income of the authority and of each nonprofit corporation created under Section 3503.111 are exempt from all taxes imposed by the state or a political subdivision of the state.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.02, eff. April 1, 2007.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 493 (S.B. 1563), Sec. 2, eff. June 16, 2015.

Section: Previous  3503.106  3503.107  3503.108  3503.109  3503.110  3503.111  3503.151  3503.152  3503.154  3503.155  3503.201  3503.202  3503.203  3503.204  3503.251  Next

Last modified: September 28, 2016