{"data":{"id":"us-tx/tex.-transportation-code-453.311","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 453.311","heading":"INTEREST EXEMPTION.","body":"Interest on bonds issued by a transit department is exempt from any tax of the state or a state taxing authority.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE K. MASS TRANSPORTATION","CHAPTER 453. MUNICIPAL TRANSIT DEPARTMENTS","SUBCHAPTER G. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.453.htm#453.311","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"8e164c4512fef64762dec3e0976220b5532b41fb58c591ba66f6653dd5d743e1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-453.310","next":"us-tx/tex.-transportation-code-453.401"},"notice":"GroundRules: Original legal text. Not legal advice."}