Tex. Spec. Dist. Local Laws Code Section 9016.202
Taxes for Bonds


At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board 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 as required and in the manner provided by Section 51.433 (Tax Levy), Water Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1043 (H.B. 3111), Sec. 1, eff. June 17, 2011.

Source: Section 9016.202 — Taxes for Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9016.­htm#9016.­202 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 9016.202’s source at texas​.gov