Sec. 1005.207.  BONDS NOT SUBJECT TO TAXATION.  The following are not subject to taxation by the state or by a political subdivision of the state:
(1)  bonds issued by the district;
(2)  any transaction relating to the bonds; and
(3)  profits made in the sale of the bonds.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.