Tex. Special District Local Laws Code § 21.409
This is the official text of Tex. Special District Local Laws Code § 21.409, part of Texas’s Special District Local Laws Code — consolidates the individual laws creating Texas's special-purpose local government districts.
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§ 21.409. TAX EXEMPTION.
Official statutory text
District bonds, transactions relating to the bonds, and profits made in the sale of the bonds are exempt from state taxation or taxation by a municipality, county, special district, or other political subdivision of the state.
Status: in_force · Read it on the official government site
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