Property owned by the authority is exempt from ad valorem taxes imposed by a county, municipality, school district, or other entity.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.08, eff. April 1, 2007.

Acts 2009, 81st Leg., R.S., Ch. 878 (S.B. 2519), Sec. 3, eff. June 19, 2009.