Tex. Water Code § 66.321
This is the official text of Tex. Water Code § 66.321, part of Texas’s Water Code — governs water rights and water resource management.
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§ 66.321. TAX STATUS OF BONDS.
Official statutory text
Since a district created under this chapter is a public entity performing an essential public function, bonds issued by the district, any transaction relating to the bonds, and profits made in the sale of the bonds 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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