Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1074.251 - Imposition of Ad Valorem Tax(a) The board shall annually impose a tax to pay:(1) indebtedness issued or assumed by the district; and(2) district maintenance and operating expenses.(b) The district may not impose a tax to pay the principal of or interest on revenue bonds issued under Section 1074.203.
Tex. Spec. Dist. Loc. Laws § 1074.251
Added by Acts 2011, 82nd Leg., R.S., Ch. 70, Sec. 1.01, eff. 4/1/2013.