Tex. Spec. Dist. Local Laws Code Section 6903.059
Assumption of Debt; Taxes

(a)

In calling the election on the proposition for annexation of territory, the commissioners court may include, as a part of the same proposition, a proposition for:

(1)

the territory to assume its part of the tax-supported bonds of the district then outstanding and those bonds previously voted but not yet sold; and

(2)

an ad valorem tax to be imposed on taxable property in the territory along with the tax in the rest of the district for the payment of the bonds.

(b)

After territory is annexed to the district, the board may hold an election in the district as enlarged to determine whether the district as enlarged shall assume any tax-supported bonds then outstanding and those previously voted but not yet sold and impose an ad valorem tax on all taxable property in the district as enlarged to pay the bonds, unless the proposition is submitted as provided by Subsection (a) and becomes binding on the territory annexed.

(c)

An election held under Subsection (b) shall be held in the same manner as an election under this chapter for the issuance of bonds.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.

Source: Section 6903.059 — Assumption of Debt; Taxes, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­6903.­htm#6903.­059 (accessed May 4, 2024).

6903.001
Definitions 6903.002
Nature of District 6903.003
Findings of Benefit and Public Purpose 6903.051
District Territory 6903.052
Authority to Annex Territory 6903.053
Petition for Annexation 6903.054
Commissioners Court Resolution 6903.055
Annexation Hearing 6903.056
Commissioners Court Findings and Resolution 6903.057
Notice of Annexation Election 6903.058
Election Results 6903.059
Assumption of Debt 6903.060
Restriction on Annexation of Railroad Right-of-way 6903.101
Composition of Board 6903.102
Qualifications for Office 6903.103
Location and Notice for Directors Election 6903.104
Ballot Procedure for Candidates 6903.105
Appointment of Secretary and Treasurer 6903.106
Vote by Board President 6903.107
Director’s and Treasurer’s Bond 6903.108
Compensation 6903.151
Construction of Dam 6903.152
Underground Sources of Water 6903.153
Construction or Acquisition of Property 6903.154
Water Appropriation Permits 6903.155
Purchase of Water 6903.156
Surplus Property 6903.157
Eminent Domain 6903.158
Parks and Recreation Facilities 6903.159
Construction Contracts 6903.160
Contracts to Supply Water 6903.161
Contracts for Toll Bridges or Ferry Service 6903.201
Adoption of Rules 6903.202
Enforcement of Rules 6903.203
Notice of Rule Providing Penalty 6903.204
Judicial Notice of Rules 6903.205
Enforcement by Peace Officers 6903.251
Depository 6903.252
Tax Assessor and Collector 6903.253
Projects Exempt from Assessment or Taxation 6903.301
Authority to Issue Bonds 6903.302
Form of Bonds 6903.303
Maturity 6903.304
Election for Bonds Payable from Ad Valorem Taxes 6903.305
Bonds Payable from Revenue 6903.306
Bonds Payable from Ad Valorem Taxes 6903.307
Tax and Rate Requirements 6903.308
Additional Security 6903.309
Use of Bond Proceeds 6903.310
Appointment of Receiver 6903.311
Refunding Bonds 6903.312
Bonds Exempt from Taxation
Green check means up to date. Up to date

Accessed:
May 4, 2024

§ 6903.059’s source at texas​.gov