The property, revenue, and income of an authority are exempt from state and local taxes.
Official text of the Texas Transportation Code as published by the Texas Legislative Council.
Transportation Code › Title 6 › Chapter 451 › Subchapter B
Texas Transportation Code § 451.063
Tax Exemption
Metropolitan Rapid Transit Authorities · Powers of Authorities
Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.