Payment of Tax Or Assessment Not Required

Sec. 8515.0403. PAYMENT OF TAX OR ASSESSMENT NOT REQUIRED. The authority is not required to pay a tax or assessment on: (1) an authority project or any part of the project; or (2) an authority purchase. Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.02, eff. April 1, 2027. SUBCHAPTER E. NOTES, BONDS, AND BORROWED MONEY Text of section effective on April 01, 2027