Sec. 286.151. TAX STATUS OF BONDS. Because the district created under this chapter is a public entity performing an essential public function, bonds issued by the district, any transaction relating to the bonds, and profits made in the sale of the bonds are free from taxation by the state or by any municipality, county, special district, or other political subdivision of the state.
Added by Acts 1991, 72nd Leg., ch. 14, Sec. 121, eff. Sept. 1, 1991.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 286 - Hospital Districts Created by Voter Approval
Section 286.141. General Obligation Bonds
Section 286.142. Taxes to Pay Bonds
Section 286.143. Bond Election
Section 286.144. Revenue Bonds
Section 286.145. Refunding Bonds
Section 286.146. Interest and Maturity
Section 286.147. Execution of Bonds
Section 286.148. Approval and Registration of Bonds
Section 286.149. Bonds as Investments