Tex. Local Gov't Code Section 325.088
Tax Status of Bonds


Bonds issued by a district under this chapter, 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 municipality, county, special district, or other political subdivision of the state.
Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.

Source: Section 325.088 — Tax Status of Bonds, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­325.­htm#325.­088 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 325.088’s source at texas​.gov