Bonds Exempt From Taxation

Tex. Special District Local Laws Code § 8509.0315, under Palo Duro Water District.

Tex. Special District Local Laws Code § 8509.0315

Sec. 8509.0315. BONDS EXEMPT FROM TAXATION. A district 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 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.