BONDS NOT SUBJECT TO TAXATION.

Tex. SPEC. DIST. LOCAL LAWS Code § 1005.207.
in effect
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The following are not subject to taxation by the state or by a political subdivision of the state: (1) bonds issued by the district; (2) any transaction relating to the bonds; and (3) profits made in the sale of the bonds. Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019 ), Sec. 1.01, eff. April 1, 2007.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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