Tex. Loc. Gov't Code § 392.086 · Subchapter E. BONDS AND OTHER OBLIGATIONS
TAX EXEMPTION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds of an authority are issued for an essential public and governmental purpose and are public instrumentalities. The bonds, interest on the bonds, and income from the bonds are exempt from taxes.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.392.htm
- Text hash
- sha256 88871763cfc78ac8913f33aac0c2b4a61b6570c9387eb302eebf570544e75bfc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.