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Texas Special District Local Laws Code

§ 1006.206 — BONDS EXEMPT FROM TAXATION

SD § 1006.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1006. CAPROCK HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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The following are exempt from taxation by this state or a political subdivision of this state:
(1)bonds issued by the district;
(2)the transfer and issuance of the bonds; and
(3)the profit made in the sale of the bonds.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.

Source: Texas Special District Local Laws Code § 1006.206 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.