BONDS EXEMPT FROM TAXATION.
Tex. LOC. GOV'T Code § 601.035.
in effectRevenue 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.
Renumbered 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.
