Tex. Gov't Code § 1505.081

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

Section 1505.081 - Exemption From Taxation

(a) A bond or interest coupon issued under this subchapter is exempt from taxation under any law of this state.

(b) In addition to the provisions required by Section 1505.059(b), each bond issued under this subchapter must state on its face the following provision: "The principal of and interest on this bond are exempt from taxation under any law of the State of Texas."

Tex. Gov't. Code § 1505.081

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.