{"data":{"id":"us-tx/tex.-local-government-code-601.035","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 601.035","heading":"BONDS EXEMPT FROM TAXATION.","body":"Revenue bonds issued under this subchapter, transfer of the bonds, income from the bonds, and a profit made on the sale of the bonds are free from taxation by the state or a subdivision of the state.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.\nRenumbered from Local Government Code, Section 431.035 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(d)(2), eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 14. PARKING AND TRANSPORTATION","SUBTITLE A. MUNICIPAL PARKING PROVISIONS","CHAPTER 601. MUNICIPAL AUTHORITY RELATING TO PARKING","SUBCHAPTER B. MUNICIPAL PARKING AUTHORITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.601.htm#601.035","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"f2c2e7f1fdaffde5d57a7b7de9a3ed5dde5fead5a10104a392555db8353fe28f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-601.034","next":"us-tx/tex.-local-government-code-601.036"},"notice":"GroundRules: Original legal text. Not legal advice."}