Tex. Spec. Dists. Code § 1065.251

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1065.251 - Imposition of Ad Valorem Tax

(a) On final approval of the annual budget, 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 interest on and create a sinking fund for bonds issued by the district for hospital purposes; and

(2) provide for the maintenance and operation of the district and hospital system.

Tex. Spec. Dist. Loc. Laws § 1065.251

Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.