GroundRules
Tex. Special District Local Laws Code § 11020.0505: BONDS, NOTES, AND OTHER OBLIGATIONS EXEMPT FROM TAXATION.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE X. DISTRICTS WITH COMBINED POWERS
- CHAPTER 11020. CENTRAL TEXAS WATER ALLIANCE
- SUBCHAPTER E. BONDS, NOTES, AND OTHER OBLIGATIONS
A bond, note, or other obligation issued under this chapter, a transaction related to the bond, note, or other obligation, the interest on the bond, note, or other obligation, and the profit from the sale of the bond, note, or other obligation are exempt from taxation by this state or a political subdivision of this state.
Added by Acts 2025, 89th Leg., R.S., Ch. 29 (S.B. 1194), Sec. 1, eff. May 15, 2025.
Collected 2026-08-27T01:47:41Z. Source file · JSON