Tex. Lab. Code § 203.261

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

Section 203.261 - Exemption From Taxation

A bond issued under this subchapter, any transaction relating to the bond, and profits made from the sale of the bond are exempt from taxation by this state or by a municipality or other political subdivision of this state.

Tex. Lab. Code § 203.261

Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. 6/18/2003; Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. 6/20/2003.