A bond issued under this subchapter, any transaction relating to the bond, and profits made from the sale of the bond are exempt from taxation by this state or by a municipality or other political subdivision of this state.
Tex. Lab. Code § 203.261
EXEMPTION FROM TAXATION
Known as the Texas Unemployment Compensation Act
The act spans §§ 201–215 (345 sections).
Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, 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.