Tex. Health & Safety Code Section 285.009
Taxes to Secure Bonds


(a)

The commissioners court may pay and secure the principal of and interest on bonds issued under this subchapter with annual ad valorem taxes imposed by the hospital district as required by the bonds and any relevant revenue anticipation agreement if:

(1)

the hospital district is created under Article IX, Section 4, of the Texas Constitution and the creation of the district is approved at an election held in the district as required by that constitutional provision; or

(2)

the hospital district is created under another constitutional provision that permits the imposition and pledge of taxes.

(b)

The commissioners court shall set the tax rate of the hospital district at a rate sufficient to pay the bond principal and interest when due if taxes are pledged in accordance with this section. In setting the tax rate, the commissioners court shall give consideration to the amount of money estimated to be received from revenues pledged under a revenue anticipation agreement that may be available for the payment of bond principal and interest as provided by the revenue anticipation agreement, making allowance for tax delinquencies and the cost of tax collection.

(c)

The sum of all annual ad valorem taxes imposed by the hospital district may not exceed 75 cents on $100 valuation of all taxable property in the district.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 285.009 — Taxes to Secure Bonds, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­285.­htm#285.­009 (accessed Dec. 2, 2023).

285.001
Definition
285.002
Applicability of Subchapter
285.003
Authority to Make Revenue Anticipation Agreement
285.004
Terms
285.005
Refunding Prohibited
285.006
Security
285.007
Limitation on Use of Proceeds
285.008
Bonds
285.009
Taxes to Secure Bonds
285.021
Definitions
285.022
Authority to Construct, Improve, Operate, and Lease Parking Station
285.023
Authority to Issue Revenue Bonds
285.024
Form and Execution of Bonds
285.025
Terms
285.026
Approval and Registration of Bonds
285.027
Other Bonds
285.028
Use of Proceeds
285.029
Change for District Services
285.030
Procedures for Station Operation
285.041
Appointment of Tax Assessor and Collector
285.051
Authority of Governing Body
285.052
Petition
285.061
Tax Authorized
285.062
Tax Election Procedures
285.063
Effective Date of Tax or Tax Change
285.064
Use of Tax Revenue
285.071
Definition
285.072
Liability of a Hospital District Management Contractor
285.081
Optional Four-year Terms
285.082
Optional Three-year Terms
285.083
Resignation of Term
285.091
Hospital District Contracts, Collaborations, and Joint Ventures
285.101
Facilities or Services for Elderly or Disabled
285.131
Write-in Voting in Election for Board Members
285.151
Assets Transferred on Dissolution
285.161
Tax Authorized
285.162
Tax Rate
285.163
Tax Election Procedures
285.164
Election in Other Taxing Authority
285.165
Use of Tax
285.166
Effective Date
285.167
County Sales and Use Tax Act Applicable
285.201
Provision of Medical and Hospital Care
285.202
Use of Tax Revenue for Abortions
285.231
Election to Increase Maximum Tax Rate
285.301
Establishment of Nonprofit Corporation
285.302
Compliance by Nonprofit Corporation with Certain Laws
285.901
Disposition of Salvage and Surplus Property

Accessed:
Dec. 2, 2023

§ 285.009’s source at texas​.gov