<?xml version='1.0' encoding='utf-8'?>
<section article="gen" article_name="Environment" number="9-957" title_number="9" title_name="Water, Ice, and Sanitary Facilities" subtitle_number="9" subtitle_name="Water and Sewer Authorities">
  <level label="a">
    <text>An authority is not required to pay any tax or assessment on:</text>
    <level label="1">
      <text>Any project; or</text>
    </level>
    <level label="2">
      <text>The income from any project.</text>
    </level>
  </level>
  <level label="b">
    <text>This State, any political subdivision, and any other public agency in this State may not tax:</text>
    <level label="1">
      <text>Any bond that is issued under this subtitle;</text>
    </level>
    <level label="2">
      <text>The transfer of the bond; or</text>
    </level>
    <level label="3">
      <text>Any income from the bond, including any profit on the sale of the bond.</text>
    </level>
  </level>
</section>
