The property of the authority, its income, and operations are exempt from all taxes and assessments imposed by the state and all public agencies and political subdivisions on property acquired or used by the authority under this chapter.
Tex. Agric. Code § 58.024
AUTHORITY EXEMPTION FROM TAXATION
Known as the Texas Agricultural Finance Act
The act spans §§ 58–58 (55 sections).
Added by Acts 1987, 70th Leg., 2nd C.S., ch. 32, art. 2, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.