Tex. Water Code § 66.321

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 66.321 - Tax Status of Bonds

Since a district created under this chapter is a public entity performing an essential public function, bonds issued by the district, any transaction relating to the bonds, and profits made in the sale of the bonds are free from taxation by the state or by any city, county, special district, or other political subdivision of the state.

Tex. Water Code § 66.321

Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. 9/1/1985.