Tex. Spec. Dist. Local Laws Code Section 1041.251
Imposition of Ad Valorem Tax


On final approval of the annual budget, the board shall impose a tax on all property in the district subject to district taxation.


The board shall impose the tax to:


pay the interest on and create a sinking fund for bonds issued or assumed by the district for hospital purposes;


provide for operation and maintenance of the hospital system;


make improvements and additions to the hospital system; and


acquire necessary sites by purchase, lease, or condemnation.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Section 1041.251 — Imposition of Ad Valorem Tax, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1041.­htm#1041.­251 (accessed Nov. 25, 2023).

Nov. 25, 2023

§ 1041.251’s source at texas​.gov