{"data":{"id":"us-tx/tex.-government-code-1433.069","jurisdiction":"us-tx","citation":"Tex. Government Code § 1433.069","heading":"EXEMPTIONS FROM TAXATION AND SECURITIES ACT.","body":"(a) A bond issued under this chapter and the issuance and transfer of the bond, including any profit made in the sale of the bond, are exempt from taxation by this state or by a political subdivision of this state.\n(b) A bond issued under this chapter and any coupon representing interest on the bond are exempt securities under The Securities Act (Title 12, Government Code).\n(c) A lease agreement under this chapter is not a security under The Securities Act (Title 12, Government Code).\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.26, eff. January 1, 2022.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE H. SPECIFIC AUTHORITY FOR MORE THAN ONE TYPE OF LOCAL GOVERNMENT TO ISSUE SECURITIES","CHAPTER 1433. BONDS FOR DEVELOPMENT OF EMPLOYMENT, INDUSTRIAL, AND HEALTH RESOURCES","SUBCHAPTER D. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1433.htm#1433.069","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"9f23911e0aa302aafb65dda6203ed9fb75016e02f645448ea0d5262fce78a2cb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1433.068","next":"us-tx/tex.-government-code-1433.101"},"notice":"GroundRules: Original legal text. Not legal advice."}