Sec. 441.176. TAX EXEMPTION. District bonds, a transaction relating to the bonds, and a profit made in the sale of the bonds are exempt from state or local taxation.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle J - Road Utility Districts
Chapter 441 - Road Utility Districts
Section 441.171. Issuance of Bonds
Section 441.172. Tax Bond Election
Section 441.173. Form and Provisions of Bonds
Section 441.175. Refunding Bonds
Section 441.176. Tax Exemption
Section 441.177. Bondholder Mandamus
Section 441.178. Use of Bond Proceeds