(a) An authority is exempt from taxation of or assessments on:
(1) a turnpike project or system;
(2) property the authority acquires or uses under this chapter; or
(3) income from property described by Subdivision (1) or (2).
(b) An authority is exempt from payment of development fees, utility connection fees, assessments, and service fees imposed or assessed by a county, municipality, road and utility district, river authority, any other state or local governmental entity, or any property owners' or homeowners' association.
Official text of the Texas Transportation Code as published by the Texas Legislative Council.