{"data":{"id":"us-tx/tex.-local-government-code-325.088","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 325.088","heading":"TAX STATUS OF BONDS.","body":"Bonds issued by a district under this chapter, any transaction relating to the bonds, and profits made in the sale of the bonds, are free from taxation by the state or by any municipality, county, special district, or other political subdivision of the state.\nAdded by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.","path":["LOCAL GOVERNMENT CODE","TITLE 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","SUBTITLE B. COUNTY PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","CHAPTER 325. SPORTS FACILITY DISTRICT ESTABLISHED BY COUNTY","SUBCHAPTER E. DISTRICT BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.325.htm#325.088","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"5174c81e641d85bd47b64cd65f0fc6802f3352a29f78730ba23d3db921d4794a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-325.087","next":"us-tx/tex.-local-government-code-325.089"},"notice":"GroundRules: Original legal text. Not legal advice."}