Texas Water Code

§ 17.031 — BONDS NOT TAXABLE

WA § 17.031Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. B. WATER DEVELOPMENT BONDS

Bonds issued under this chapter, the income from the bonds, and the profit made on their sale are free from taxation within the state.

Legislative history

Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.