Transportation Code › Title 5 › Chapter 174 › Subchapter F

Texas Transportation Code § 174.256

Tax Exemption

Commuter Rail Districts · Financial Provisions

District property, material purchases, revenue, and income and the interest on a bond or note issued by a district are exempt from any tax imposed by this state or a political subdivision of this state.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.