Tex. Spec. Dist. Local Laws Code Section 1121.207
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.
Added by Acts 2015, 84th Leg., R.S., Ch. 141 (S.B. 2034), Sec. 1, eff. May 28, 2015.

Source: Section 1121.207 — Bonds Not Subject to Taxation, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1121.­htm#1121.­207 (accessed Jun. 5, 2024).

1121.001
Definitions
1121.002
District Authorization
1121.003
Essential Public Function
1121.004
District Territory
1121.005
District Support and Maintenance Not State Obligation
1121.006
Restriction on State Financial Assistance
1121.021
Creation Election
1121.051
Directors
1121.052
Eligibility for Appointment to Board
1121.053
Officers
1121.054
Compensation
1121.055
Director’s Bond
1121.056
Board Vacancy
1121.057
Voting Requirement
1121.058
District Administrator
1121.059
General Duties of District Administrator
1121.060
Assistant District Administrator
1121.061
Employees
1121.062
Recruitment of Medical Staff and Employees
1121.063
Appointment and Removal of Medical Staff
1121.064
Retirement Benefits
1121.101
District Responsibility
1121.102
Management, Control, and Administration
1121.103
Rules
1121.104
Purchasing and Accounting Procedures
1121.105
Provision of Certain Health Services
1121.106
District Property, Facilities, and Equipment
1121.107
Operating and Management Contracts
1121.108
Service Contracts
1121.109
Eminent Domain
1121.110
Cost of Relocating or Altering Property
1121.111
Gifts and Endowments
1121.112
Payment for Treatment
1121.113
Reimbursement for Services
1121.114
Nonprofit Corporation
1121.115
Loans and Grants for Economic Development Purposes
1121.116
Authority to Sue and Be Sued
1121.117
Construction Contracts
1121.151
Budget
1121.152
Notice
1121.153
Amendment of Budget
1121.154
Fiscal Year
1121.155
Annual Audit
1121.156
Inspection of Annual Audit and District Records
1121.157
Financial Report
1121.158
Short-term Financing
1121.159
Debt Limitation
1121.160
Depository
1121.161
Restriction on Investment
1121.201
General Obligation Bonds
1121.202
Tax to Pay General Obligation Bonds
1121.203
General Obligation Bond Election
1121.204
Revenue Bonds
1121.205
Maturity
1121.206
Execution of Bonds
1121.207
Bonds Not Subject to Taxation
1121.251
Imposition of Ad Valorem Tax
1121.252
Limitation on Tax Rate
1121.253
Reduction in Ad Valorem Tax Rate by County
1121.254
Residence Homestead Tax Provisions Applicable
1121.255
Prohibition on Participation in Tax Increment Fund
1121.256
Tax Assessor-collector
1121.301
Dissolution
1121.302
Notice of Election
1121.303
Ballot
1121.304
Election Results
1121.305
Transfer or Administration of Assets
1121.306
Imposition of Tax and Return of Surplus Taxes
1121.307
Report

Accessed:
Jun. 5, 2024

§ 1121.207’s source at texas​.gov