Sec. 1122.207.  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 2013, 83rd Leg., R.S., Ch. 1306 (H.B. 3793), Sec. 5, eff. September 1, 2013.