Texas § GV.1477.117 - EXEMPTION FROM ASSESSMENT OR TAXATION

Full text of Texas The Texas Constitution § GV.1477.117 — EXEMPTION FROM ASSESSMENT OR TAXATION, with citation guidance and answers to common questions.

§ GV.1477.117. EXEMPTION FROM ASSESSMENT OR TAXATION

EXEMPTION FROM ASSESSMENT OR TAXATION. (a) A county is not required to pay any assessment on a natural gas system or any part of a natural gas system acquired or constructed under this subchapter. (b) A bond issued under this subchapter, a transfer of the bond, and the income from the bond, including any profit made from the sale of the bond, are exempt from taxation by this state or a political subdivision of this state. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § GV.1477.117

What does The Texas Constitution § GV.1477.117 cover?

Section GV.1477.117 ("EXEMPTION FROM ASSESSMENT OR TAXATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.1477.117?

A common citation format is "The Texas Constitution § GV.1477.117" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.1477.117 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.