Texas Statutes
§ 66.321 — TAX STATUS OF BONDS.
Texas § 66.321
JurisdictionTexas
Code WAWater Code
This text of Texas § 66.321 (TAX STATUS OF BONDS.) 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. § 66.321 (2026).
Text
Sec. 66.321. TAX STATUS OF BONDS. Since a district created under this chapter is a public entity performing an essential public function, bonds issued by the district, any transaction relating to the bonds, and profits made in the sale of the bonds are free from taxation by the state or by any city, county, special district, or other political subdivision of the state.
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Legislative History
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.
Nearby Sections
15
§ 66.001
DEFINITIONS.§ 66.011
CREATION.§ 66.012
PURPOSE OF DISTRICT.§ 66.013
COMPOSITION OF DISTRICT.§ 66.014
PETITION.§ 66.015
CONTENTS OF PETITION.§ 66.016
DISTRICT NAME.§ 66.020
APPEAL OF COMMISSION ORDER.§ 66.021
TEMPORARY DIRECTORS.§ 66.101
BOARD OF DIRECTORS.§ 66.102
QUALIFICATION OF DIRECTORS.§ 66.118
RULES.§ 66.201
GENERAL POWERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 66.321, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/66.321.