{"data":{"id":"us-tx/tex.-labor-code-203.261","jurisdiction":"us-tx","citation":"Tex. Labor Code § 203.261","heading":"EXEMPTION FROM TAXATION.","body":"A bond issued under this subchapter, any transaction relating to the bond, and profits made from the sale of the bond are exempt from taxation by this state or by a municipality or other political subdivision of this state.\nAdded by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003; Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.","path":["LABOR CODE","TITLE 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT","SUBTITLE A. TEXAS UNEMPLOYMENT COMPENSATION ACT","CHAPTER 203. FINANCING AND FUNDS","SUBCHAPTER F. ISSUANCE OF FINANCIAL OBLIGATIONS FOR UNEMPLOYMENT COMPENSATION FUND"],"source_url":"https://statutes.capitol.texas.gov/Docs/LA/htm/LA.203.htm#203.261","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:24Z","sha256":"f9eee3b2d4f83800ae7881ce06c00f7fa5ca521d24b8c6d8bcc330a1f80cb2f3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-labor-code-203.260","next":"us-tx/tex.-labor-code-203.262"},"notice":"GroundRules: Original legal text. Not legal advice."}