Gavvy: Spec. Dist. Loc. Laws Code, Sec. 11003.264. Bonds Exempt from Taxation.

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Sec. 11003.264. Bonds Exempt from Taxation.

Sec. 11003.264. BONDS EXEMPT FROM TAXATION. A district bond, the transfer of the bond, and the income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.07, eff. April 1, 2015.

Gavvy last updated this database on: Sep 6, 2024