Tex. Spec. Dist. Local Laws Code Section 3986.0503
Operation and Maintenance Tax


(a)

If authorized by a majority of the district voters voting at an election under Section 3986.0501 (Tax Election Required), the district may impose an operation and maintenance tax on taxable property in the district in the manner provided by Section 49.107 (Operation and Maintenance Tax), Water Code.

(b)

The board shall determine the operation and maintenance tax rate. The rate may not exceed the rate approved at the election.
Added by Acts 2019, 86th Leg., R.S., Ch. 1269 (H.B. 4706), Sec. 1, eff. June 14, 2019.

Source: Section 3986.0503 — Operation and Maintenance Tax, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3986.­htm#3986.­0503 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 3986.0503’s source at texas​.gov