Texas Transportation Code

§ 283.210 — TAX STATUS OF BONDS

TN § 283.210Title 6. ROADWAYS · Part D. ROAD LAWS RELATING TO PARTICULAR COUNTIES · Ch. 283. CAUSEWAYS, BRIDGES, AND TUNNELS IN CERTAIN COUNTIES · Art. C. PROVISIONS RELATING TO BONDS

Statute text

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A bond issued under this chapter, the transfer of and income from the bond, and any profit made in the sale of the bond is exempt from taxation by this state or a political subdivision of this state.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.