Tex. Spec. Dist. Local Laws Code Section 9075.0064
Taxes for Bonds

At the time the district issues bonds payable wholly or partly from ad valorem taxes from the defined area, the governing body of the district shall provide for the annual imposition of a continuing direct annual ad valorem tax, without limit as to rate or amount, for each year that all or part of the bonds are outstanding as required and in the manner provided by Sections 51.433 (Tax Levy) and 51.436 (Interest and Sinking Fund), Water Code.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.05, eff. April 1, 2021.

Source: Section 9075.0064 — Taxes for Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9075.­htm#9075.­0064 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 9075.0064’s source at texas​.gov