The property, revenue, and income of the authority and of each nonprofit corporation created under Section 3503.111 are exempt from all taxes imposed by the state or a political subdivision of the state.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.02, eff. April 1, 2007.

Acts 2015, 84th Leg., R.S., Ch. 493 (S.B. 1563), Sec. 2, eff. June 16, 2015.