Tex. Gov't Code § 2306.494

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2306.494 - Bonds Not Taxable

The following are free from taxation or assessment by this state or a public agency:

(1) department bonds issued under this chapter;

(2) interest and income from department bonds, including a profit from the sale of the bonds; and

(3) all fees, charges, gifts, grants, revenues, receipts, and other money received or pledged to pay or secure the payment of the department's bonds.

Tex. Gov't. Code § 2306.494

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.