Tex. Spec. Dist. Local Laws Code Section 9055.262
Bonds Exempt from Taxation


A bond issued under this subchapter, the transfer of the bond, and income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.

Source: Section 9055.262 — Bonds Exempt from Taxation, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9055.­htm#9055.­262 (accessed Jun. 5, 2024).

9055.001
Definitions
9055.002
Nature of District
9055.003
Findings of Benefit and Public Purpose
9055.051
District Territory
9055.052
Authority to Annex Territory
9055.053
Petition for Annexation
9055.054
Annexation Hearing
9055.055
Board Findings and Resolution
9055.056
Notice of Annexation Election
9055.057
Election Results
9055.058
Annexation of Certain Municipal Territory
9055.059
Assumption of Debt
9055.060
Restriction on Annexation of Railroad Right-of-way, Transmission Line, or Other Utility Property
9055.101
Board
9055.102
Appointment of Directors
9055.103
Qualifications for Office
9055.104
Vacancy
9055.105
Officers
9055.106
Vote by Board President
9055.107
Director and Treasurer Bonds
9055.151
Construction of Dam
9055.152
Sources of Water
9055.153
Construction or Acquisition of Property
9055.154
Water Appropriation Permits
9055.155
Purchase of Water
9055.156
Eminent Domain
9055.157
Cost of Relocating or Altering Property
9055.158
Construction Contracts
9055.159
Contracts to Supply Water and Operate Facilities
9055.160
Adoption of Rules
9055.161
Applicability and Enforcement of Certain Laws
9055.201
Depository
9055.202
Projects Exempt from Assessment or Taxation
9055.203
Collection of District Taxes
9055.251
Authority to Issue Bonds
9055.252
Form of Bonds
9055.253
Maturity
9055.254
Election for Bonds Payable from Ad Valorem Taxes
9055.255
Bonds Payable from Revenue
9055.256
Bonds Payable from Ad Valorem Taxes
9055.257
Tax and Rate Requirements
9055.258
Additional Security
9055.259
Use of Bond Proceeds
9055.260
Appointment of Receiver
9055.261
Refunding Bonds
9055.262
Bonds Exempt from Taxation

Accessed:
Jun. 5, 2024

§ 9055.262’s source at texas​.gov