Sec. 453.110. TAX EXEMPTION. The assets of a transit department are exempt from any tax of the state or a state taxing authority.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 453 - Municipal Transit Departments
Subchapter C. Powers of Transit Department
Section 453.101. Powers Applicable to Transit Department Having Tax
Section 453.102. Acquiring and Disposing of Property
Section 453.103. Transit Department System
Section 453.104. Fares and Other Charges
Section 453.105. Agreement With Utilities, Carriers
Section 453.106. Contracts; Acquisition of Property by Agreement
Section 453.107. Use and Acquisition of Property of Others