Sec. 58.024. AUTHORITY EXEMPTION FROM TAXATION. The property of the authority, its income, and operations are exempt from all taxes and assessments imposed by the state and all public agencies and political subdivisions on property acquired or used by the authority under this chapter.
Added by Acts 1987, 70th Leg., 2nd C.S., ch. 32, art. 2, Sec. 1, eff. Oct. 20, 1987.
Structure Texas Statutes
Title 4 - Agricultural Organizations
Chapter 58 - Agricultural Finance Authority
Subchapter C. Purposes and Powers
Section 58.021. Purposes of Authority
Section 58.022. Powers of Authority
Section 58.023. Programs Rules
Section 58.024. Authority Exemption From Taxation
Section 58.025. Public Hearings
Section 58.026. Limitation of Liability for Certain Recreational Activities