Bonds Exempt From Taxation

Tex. Special District Local Laws Code § 9029.203, under Clear Lake City Water Authority.

Tex. Special District Local Laws Code § 9029.203

Sec. 9029.203. BONDS EXEMPT FROM TAXATION. An authority bond, the transfer of the bond, and income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.