Tex. Spec. Dist. Local Laws Code Section 8409.154
Use of Revenue


Revenue from the sales and use tax imposed under Section 8409.153 (Sales and Use Tax Rate) is for the use and benefit of the district and may be used for any district purpose. The district may pledge all or part of the revenue to the payment of bonds, notes, or other obligations, and that pledge of revenue may be in combination with other revenue, including tax revenue, available to the district.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.04, eff. April 1, 2017.

Source: Section 8409.154 — Use of Revenue, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8409.­htm#8409.­154 (accessed Mar. 16, 2024).

Accessed:
Mar. 16, 2024

§ 8409.154’s source at texas​.gov