The following are exempt from taxation by this state or a political subdivision of this state:
(1) any bonds issued by the district;
(2) the transfer and issuance of the bonds; and
(3) any profits made in the sale of the bonds.
Tex. Spec. Dist. Local Laws Code § 1099.258
BONDS EXEMPT FROM TAXATION
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, 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.