{"data":{"id":"us-tx/tex.-transportation-code-451.363","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 451.363","heading":"TAX EXEMPTION.","body":"The interest on an authority's bonds is exempt from state and local taxes.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE K. MASS TRANSPORTATION","CHAPTER 451. METROPOLITAN RAPID TRANSIT AUTHORITIES","SUBCHAPTER H. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.451.htm#451.363","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"d126ff275a7d67782b2e48a728d623cc0c6cccd9eb53b8ed8bdd29ad8a8f1440","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-451.3625","next":"us-tx/tex.-transportation-code-451.401"},"notice":"GroundRules: Original legal text. Not legal advice."}