Tex. Water Code § 36.179
This is the official text of Tex. Water Code § 36.179, part of Texas’s Water Code — governs water rights and water resource management.
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§ 36.179. TAX STATUS OF BONDS AND NOTES.
Official statutory text
Since a district governed by this chapter is a public entity performing an essential public function, bonds and notes issued by the district, any transaction relating to the bonds and notes, and profits made in the sale of the bonds and notes, are free from taxation by the state or by any city, county, special district, or other political subdivision of the state.
Status: in_force · Read it on the official government site
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