The following are exempt from taxation by this state:
(1) bonds issued by the district;
(2) the transfer of the bonds; and
(3) the income from the bonds, including profits made on the sale of the bonds.
BONDS EXEMPT FROM TAXATION
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff
The following are exempt from taxation by this state:
(1) bonds issued by the district;
(2) the transfer of the bonds; and
(3) the income from the bonds, including profits made on the sale of the bonds.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.