Tex. Water Code § 17.031: BONDS NOT TAXABLE.
Where this section sits in the code
- WATER CODE
- TITLE 2. WATER ADMINISTRATION
- SUBTITLE C. WATER DEVELOPMENT
- CHAPTER 17. PUBLIC FUNDING
- SUBCHAPTER B. WATER DEVELOPMENT BONDS
Bonds issued under this chapter, the income from the bonds, and the profit made on their sale are free from taxation within the state.
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.
Collected 2026-08-27T01:47:48Z. Source file · JSON