The property, revenue, and income of the authority and of each nonprofit corporation created under Section 3503.111 are exempt from all taxes imposed by the state or a political subdivision of the state.
Tex. Spec. Dist. Local Laws Code § 3503.154
EXEMPTION FROM TAXATION
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.02, 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.