Bonds Exempt From Taxation

Tex. Special District Local Laws Code § 1061.209, under Chapter 1061.

Tex. Special District Local Laws Code § 1061.209

Sec. 1061.209. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision: (1) bonds issued or assumed 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. SUBCHAPTER F. AD VALOREM TAXES