A bond issued under this chapter, any transaction relating to the bond, and profits made in the sale of the bond are exempt from taxation by this state or by a municipality or other political subdivision of the state.
Tex. Loc. Gov't Code § 563.107
EXEMPTION FROM TAXATION
Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, 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.