Tex. Health & Safety Code § 363.142
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Since a public agency is a public entity performing an essential public function, bonds issued by the public agency, any transaction relating to the bonds, and profits made in the sale of the bonds are exempt from taxation by the state or by a municipality, county, special district, or other political subdivision of the state.
Tex. Health and Safety Code § 363.142