Sec. 451.363. TAX EXEMPTION. The interest on an authority's bonds is exempt from state and local taxes. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. SUBCHAPTER I. TAXATION
Tax Exemption
Tex. Transportation Code § 451.363, under Metropolitan Rapid Transit Authorities.
Tex. Transportation Code § 451.363