Bonds Exempt From Taxation

Tex. Special District Local Laws Code § 9601.216, under Riverbend Water Resources District.

Tex. Special District Local Laws Code § 9601.216

Sec. 9601.216. BONDS EXEMPT FROM TAXATION. Payments made by the district in connection with the issuance of bonds, the transfer of any bond, and the income from any bond, including profits made on the sale of any bond, are exempt from taxation in this state. Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223), Sec. 1, eff. June 19, 2009.