Tex. Gov't Code Section 1475.003
Authority to Issue Bonds and Impose Taxes

To pay for an action authorized by Section 1475.002 (Authority to Acquire Right-of-way and Dumping Privileges), a county may, on the approval of at least two-thirds of the qualified voters of the county who vote on the measure:

(1)

issue bonds or warrants or otherwise lend its credit in addition to its other debt and in an amount not to exceed one-fourth of the taxable value of the real property in the county; and

(2)

impose taxes to pay the interest on and to provide a sinking fund for the redemption of the debt.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1475.003 — Authority to Issue Bonds and Impose Taxes, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1475.­htm#1475.­003 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 1475.003’s source at texas​.gov