Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1232.120: EXEMPTION FROM TAXATION.

Where this section sits in the code

GOVERNMENT CODE
TITLE 9. PUBLIC SECURITIES
SUBTITLE B. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY STATE GOVERNMENT
CHAPTER 1232. TEXAS PUBLIC FINANCE AUTHORITY
SUBCHAPTER C. OBLIGATIONS

An obligation issued by the board, any transaction relating to the obligation, and profits made from the sale of the obligation are exempt from taxation by this state or by a municipality or other political subdivision of this state.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:16Z. Source file · JSON

Browse this collection