Tex. Spec. Dist. Local Laws Code Section 7973.102
Taxes for Bonds

At the time the district issues bonds payable wholly or partly from ad valorem taxes, the district shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding.
Added by Acts 2017, 85th Leg., R.S., Ch. 787 (H.B. 2565), Sec. 1.01, eff. June 15, 2017.

Source: Section 7973.102 — Taxes for Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­7973.­htm#7973.­102 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 7973.102’s source at texas​.gov