Tex. Spec. Dist. Local Laws Code § 1099.258 · Subchapter F. BONDS
BONDS EXEMPT FROM TAXATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1099.htm
- Text hash
- sha256 0b480cba92f923f943005ae344022f22567f00c97062016792bcdf92756e4ecc
- 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.