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 of the bonds; and(3) the bond revenues and 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