Bonds Exempt From Taxation

Tex. Special District Local Laws Code § 1009.206, under Chapter 1009.

Tex. Special District Local Laws Code § 1009.206

Sec. 1009.206. 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 of the bonds; and (3) the bond revenues and profits made in the sale of the bonds. Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007. SUBCHAPTER F. TAXES