Sec. 287.149. 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 1999, 76th Leg., ch. 1293, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 287 - Health Services Districts
Section 287.141. General Obligation Bonds
Section 287.142. Revenue Bonds
Section 287.143. Refunding Bonds
Section 287.144. Interest and Maturity
Section 287.145. Execution of Bonds
Section 287.146. Approval and Registration of Bonds
Section 287.147. Bonds as Investments