Texas Statutes
§ 20.115 — TAX EXEMPT.
Texas § 20.115
JurisdictionTexas
Code WAWater Code
This text of Texas § 20.115 (TAX EXEMPT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Water Code Code Ann. § 20.115 (2026).
Text
Sec. 20.115. TAX EXEMPT. Since the authority is performing an essential governmental function in the exercise of the powers conferred on it by this chapter, the bonds issued under this Act, and the interest and income from the bonds, including any profit made on the sale of bonds, and all fees, charges, gifts, grants, revenues, receipts, and other money received or pledged to pay or secure the payment of bonds are free from taxation and assessments of every kind by this state and any city, county, district, authority, or other political subdivision of this state.
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Legislative History
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Nearby Sections
15
§ 20.001
LEGISLATIVE PURPOSE AND POLICY.§ 20.002
DEFINITIONS AND CONSTRUCTION.§ 20.011
CREATION OF AUTHORITY.§ 20.012
BOARD OF DIRECTORS.§ 20.013
COMPENSATION; REIMBURSEMENT.§ 20.014
ORGANIZATION OF BOARD.§ 20.015
BOARD MEETINGS.§ 20.016
RULES AND RESOLUTIONS.§ 20.017
LIABILITY.§ 20.018
GENERAL FISCAL AUTHORITY.§ 20.019
PROPERTY TAX EXEMPT.§ 20.020
FISCAL YEAR; ANNUAL AUDIT.§ 20.021
AUTHORITY EXPENSES.§ 20.022
SUITS.§ 20.023
SEAL.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 20.115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/20.115.