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Texas Government Code - GOV'T § 1505.214. Exemption From Assessment or Taxation

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A municipality is not required to pay any assessment on a harbor improvement or facility.

(b) A bond issued under this subchapter, the transfer of the bond, and the income from the bond, including any profit made from the sale of the bond, are exempt from taxation by this state or a political subdivision of this state.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1505.214. Exemption From Assessment or Taxation - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1505-214/

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