Tex. Spec. Dists. Code § 1061.251

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1061.251 - Imposition of Ad Valorem Tax
(a) The board shall impose a tax on all property in the district subject to district taxation.
(b) The board shall impose the tax to:
(1) pay the indebtedness issued or assumed by the district;
(2) provide for the operation and maintenance of the district and hospital system;
(3) make improvements and additions to the hospital system; and
(4) acquire necessary sites for the improvements and additions by purchase, lease, or condemnation.
(c) The board may not impose a tax to pay the principal of or interest on revenue bonds.

Tex. Spec. Dist. Loc. Laws § 1061.251

Subchapter heading amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 714,Sec. 3, eff. 6/10/2019.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139, Sec. 1.01, eff. 4/1/2011.