Tex. Spec. Dists. Code § 1120.207

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1120.207 - Bonds Not Subject to Taxation

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.

Tex. Spec. Dist. Loc. Laws § 1120.207

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 893,Sec. 1, eff. 6/18/2015.