Texas Transportation Code
§ 451.363 — TAX EXEMPTION
TN § 451.363Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 451. METROPOLITAN RAPID TRANSIT AUTHORITIES · Art. H. BONDS
Statute text
View on sourceThe interest on an authority's bonds is exempt from state and local taxes.
Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.