Tex. Water Code § 17.031 · Subchapter B. WATER DEVELOPMENT BONDS
BONDS NOT TAXABLE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds issued under this chapter, the income from the bonds, and the profit made on their sale are free from taxation within the state.
Notes and commentary — not statutory text
History
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, 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/WA/htm/WA.17.htm
- Text hash
- sha256 a17097b0dc784dc2e27036f9db895f718bd7c3e8af2caccd4016e06bdfd4f7fb
- 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.