Tex. Water Code § 20.019 · Subchapter B. ADMINISTRATIVE PROVISIONS
PROPERTY TAX EXEMPT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The property of the authority, its income, and its operations are exempt from all taxes and assessments imposed by the state and political subdivisions on property acquired or used by the authority under this chapter.
(b) If the authority is dissolved, all of its rights and properties vest in the state.
Notes and commentary — not statutory text
History
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 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.20.htm
- Text hash
- sha256 14b81b6c8ccf7ebb451450b0cda980f11681a6ea5ed4f3bd3c8f69a38a1330e9
- 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.