Sec. 9051.260. BONDS EXEMPT FROM TAXATION. A bond issued under this chapter, the transfer of the bond, and the income from the bond, including profits on the sale of the bond, are exempt from taxation by this state or by any political subdivision of this state.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9051 - Jefferson County Water Control and Improvement District No. 10
Section 9051.252. Issuance of Bonds
Section 9051.253. Form of Bonds
Section 9051.254. Election for Bonds Payable From Ad Valorem Taxes
Section 9051.255. Bonds Payable From Ad Valorem Taxes; Tax Rate
Section 9051.256. Election Not Required for Certain Bonds
Section 9051.257. Bonds Secured by Revenue; Additional Bonds
Section 9051.258. Charges for District Services