The following are exempt from taxation by this state or a political subdivision of this state:(1) bonds issued by the district;(2) the transfer and issuance of the bonds; or(3) profits made in the sale of the bonds. Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.
Texas Legal Code