Sec. 457.109. TAX EXEMPTION. The assets of an authority are exempt from any tax of the state or a state taxing authority.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 457 - County Mass Transit Authority
Subchapter C. Powers of Authority
Section 457.101. Acquiring and Disposing of Property
Section 457.102. Transit Authority System
Section 457.103. Fares and Other Charges
Section 457.104. Agreement With Utilities and Carriers
Section 457.105. Contracts; Acquisition of Property by Agreement
Section 457.106. Use and Acquisition of Property of Others