Tex. Water Code § 36.179: TAX STATUS OF BONDS AND NOTES.
Where this section sits in the code
- WATER CODE
- TITLE 2. WATER ADMINISTRATION
- SUBTITLE E. GROUNDWATER MANAGEMENT
- CHAPTER 36. GROUNDWATER CONSERVATION DISTRICTS
- SUBCHAPTER F. BONDS AND NOTES
Since a district governed by this chapter is a public entity performing an essential public function, bonds and notes issued by the district, any transaction relating to the bonds and notes, and profits made in the sale of the bonds and notes, are free from taxation by the state or by any city, county, special district, or other political subdivision of the state.
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:48Z. Source file · JSON