{"data":{"id":"us-tx/tex.-government-code-1477.117","jurisdiction":"us-tx","citation":"Tex. Government Code § 1477.117","heading":"EXEMPTION FROM ASSESSMENT OR TAXATION.","body":"(a) A county is not required to pay any assessment on a natural gas system or any part of a natural gas system acquired or constructed under this subchapter.\n(b) A bond issued under this subchapter, a transfer of the bond, and the income from the bond, including any profit made from the sale of the bond, are exempt from taxation by this state or a political subdivision of this state.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES","CHAPTER 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES","SUBCHAPTER C. NATURAL GAS SYSTEM FOR COUNTY BUILDINGS IN CERTAIN COUNTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1477.htm#1477.117","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"eb51aca016286ef1c09d93d7d01f6f45cc129471a4ae055d4522daa1c3e4aa4f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1477.116","next":"us-tx/tex.-government-code-1477.118"},"notice":"GroundRules: Original legal text. Not legal advice."}