Sec. 772.531. EXEMPTION FROM TAXATION. A bond issued by the district under this subchapter, any transaction relating to the bond, and profits made in the sale or redemption of the bond are exempt from taxation by the state or by any municipality, county, special district, or other political subdivision of this state.
Added by Acts 2013, 83rd Leg., R.S., Ch. 552 (S.B. 628), Sec. 1, eff. September 1, 2013.
Structure Texas Statutes
Chapter 772 - Local Administration of Emergency Communications
Section 772.503. Application of Subchapter
Section 772.504. Creation of District
Section 772.505. Political Subdivision; District Powers
Section 772.506. Territory of District
Section 772.508. Powers and Duties of Board
Section 772.509. Advisory Committee
Section 772.510. Director of District; Staff
Section 772.511. Budget; Annual Report; Audit
Section 772.512. Provision of 9-1-1 Service
Section 772.514. Primary Emergency Telephone Number
Section 772.515. Transmitting Requests for Emergency Aid
Section 772.516. 9-1-1 Emergency Service Fee
Section 772.517. Collection of Fee
Section 772.518. District Depository
Section 772.519. Allowable Expenses
Section 772.520. Number and Location Identification
Section 772.521. Public Review
Section 772.522. Dissolution Procedures
Section 772.523. Issuance of Bonds
Section 772.524. Repayment of Bonds
Section 772.525. Additional Security for Bonds
Section 772.526. Form of Bonds
Section 772.527. Provisions of Bonds
Section 772.528. Approval and Registration of Bonds
Section 772.529. Refunding Bonds
Section 772.530. Bonds as Investments and Security for Deposits