The bonds are exempt from any tax by the state and by cities, towns, villages, counties, school districts, and other political subdivisions and public agencies of the state.
Tex. Nat. Res. Code § 162.048
TAXATION OF BONDS
Added by Acts 1983, 68th Leg., p. 547, ch. 115, Sec. 1.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.