Tex. Spec. Dist. Local Laws Code Section 9086.0502
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 Chapter 51 (Water Control and Improvement Districts), Water Code.
Added by Acts 2019, 86th Leg., R.S., Ch. 537 (H.B. 2660), Sec. 1, eff. June 10, 2019.

Source: Section 9086.0502 — Taxes for Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9086.­htm#9086.­0502 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 9086.0502’s source at texas​.gov