As filed with the United States Securities and Exchange Commission July 2, 2018

1933 Act Registration No. 033-66242

1940 Act Registration No. 811-07890

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933	☒
Pre-Effective Amendment No.	☐
Post-Effective Amendment No. 70	☒
and/or
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940	☒
Amendment No. 71	☒

(Check appropriate box or boxes.)

AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)

(Exact Name of Registrant as Specified in Charter)

11 Greenway Plaza, Suite 1000, Houston, TX 77046

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, including Area Code (713) 626-1919

Jeffrey H. Kupor, Esquire

11 Greenway Plaza, Suite 1000, Houston, TX 77046

(Name and Address of Agent for Service)

Copy to:

Peter A. Davidson, Esquire	Matthew R. DiClemente, Esquire
Invesco Advisers, Inc.	Stradley Ronon Stevens & Young, LLP
11 Greenway Plaza, Suite 1000	2005 Market Street, Suite 2600
Houston, Texas 77046-1173	Philadelphia, Pennsylvania 19103

Approximate Date of Proposed Public Offering: As soon as practicable after the effective date of this Amendment.

It is proposed that this filing will become effective (check appropriate box)

☒ immediately upon filing pursuant to paragraph (b)

☐ on (date) pursuant to paragraph (b)

☐ 60 days after filing pursuant to paragraph (a)

☐ on (date) pursuant to paragraph (a)

☐ 75 days after filing pursuant to paragraph (a)(2)

☐ on (date) pursuant to paragraph (a)(2) of Rule485

If appropriate, check the following box:

☐ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Houston, Texas on the 2nd day of July, 2018.

Registrant:  AIM TAX-EXEMPT FUNDS

(INVESCO TAX-EXEMPT FUNDS)

By:	/s/ Sheri Morris
	Sheri Morris, President

Pursuant to the requirements of the Securities Act of 1933, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

SIGNATURES	TITLE	DATE
/s/ Sheri Morris	President & Treasurer	July 2, 2018
(Sheri Morris)	(Principal Executive Officer)
/s/ David C. Arch*	Trustee	July 2, 2018
(David C. Arch)
/s/ Bruce L. Crockett*	Chair & Trustee	July 2, 2018
(Bruce L. Crockett)
/s/ Jack M. Fields*	Trustee	July 2, 2018
(Jack M. Fields)
/s/ Martin L. Flanagan*	Trustee	July 2, 2018
(Martin L. Flanagan)
/s/ Cynthia Hostetler*	Trustee	July 2, 2018
(Cynthia Hostetler)
/s/ Eli Jones*	Trustee	July 2, 2018
(Eli Jones)
/s/ Prema Mathai-Davis*	Trustee	July 2, 2018
(Prema Mathai-Davis)
/s/ Teresa M. Ressel*	Trustee	July 2, 2018
(Teresa M. Ressel)
/s/ Ann Barnett Stern*	Trustee	July 2, 2018
(Ann Barnett Stern)
/s/ Raymond Stickel, Jr.*	Trustee	July 2, 2018
(Raymond Stickel, Jr.)

/s/ Philip A. Taylor*	Trustee	July 2, 2018
(Philip A. Taylor)
/s/ Robert C. Troccoli*	Trustee	July 2, 2018
(Robert C. Troccoli)
/s/ Christopher L. Wilson*	Trustee	July 2, 2018
(Christopher L. Wilson)
/s/ Kelli Gallegos	Vice President & Assistant Treasurer (Principal Financial Officer)	July 2, 2018
(Kelli Gallegos)

By	/s/ Sheri Morris
	Sheri Morris
	Attorney-in-Fact

* Sheri Morris, pursuant to powers of attorney dated March 28, 2018, filed in the Registrant’s Post-Effective Amendment No. 69 on June 26, 2018.

Exhibit Index

XBRL Instance Document	Ex-101.ins
XBRL Taxonomy Extension Schema Document	Ex-101.sch
XBRL Taxonomy Extension Calculation Linkbase Document	Ex-101.cal
XBRL Taxonomy Extension Labels Linkbase	Ex-101.lab
XBRL Taxonomy Extension Presentation Linkbase Document	Ex-101.pre
XBRL Taxonomy Extension Definition Linkbase	Ex-101.def