Section 8509.0315. Bonds Exempt From Taxation

TX Spec Dist Code § 8509.0315 (2019) (N/A)
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Text of section effective on April 01, 2021

Sec. 8509.0315. BONDS EXEMPT FROM TAXATION. A district bond, the transfer of the bond, and the income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.

Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.