Tex. Spec. Dist. Local Laws Code Section 8848.151
Limitation on Tax Rate for Debt

The district may impose an ad valorem tax at a rate not to exceed 20 cents for each $100 of assessed valuation to pay any part of the bonds or notes issued by the district if a majority of the voters approve:

(1)

the authority to impose the tax at the confirmation election; or

(2)

that authority at a separate election called for that purpose by the board.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.05, eff. April 1, 2011.

Source: Section 8848.151 — Limitation on Tax Rate for Debt, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8848.­htm#8848.­151 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 8848.151’s source at texas​.gov