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Texas Transportation Code

§ 457.109 — TAX EXEMPTION

TN § 457.109Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 457. COUNTY MASS TRANSIT AUTHORITY · Art. C. POWERS OF AUTHORITY

Statute text

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The assets of an authority are exempt from any tax of the state or a state taxing authority.

Legislative history

Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.