Tex. Spec. Dist. Code § 1120.207 – Bonds Not Subject to Taxation | Midpage

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Texas Statutes

§ 1120.207

Tex. Spec. Dist. Code § 1120.207

Bonds Not Subject to Taxation

Effective Jun 18, 2015Added by Acts 2015, 84th Leg., R.S., Ch. 893 (H.B. 4212)

The following are not subject to taxation by the state or by a political subdivision of the state:

(1) bonds issued by the district;
(2) any transaction relating to the bonds; and
(3) profits made in the sale of the bonds.

Added by Acts 2015, 84th Leg., R.S., Ch. 893 (H.B. 4212), Sec. 1, eff. June 18, 2015.