Section 1098.251 - Imposition of Ad Valorem Tax(a) On final approval of the budget, the board shall impose a tax on all property in the district subject to district taxation.(b) The tax may be used to: (1) pay the indebtedness assumed or issued by the district;(2) provide for the maintenance and operation of the district and hospital system;(3) make improvements and additions to the hospital system; and(4) acquire necessary sites for the hospital system by purchase, lease, or condemnation.(c) The district may not impose a tax to pay the principal of or interest on revenue bonds issued by the district.Tex. Spec. Dist. Loc. Laws § 1098.251
Added by Acts 2011, 82nd Leg., R.S., Ch. 70, Sec. 1.01, eff. 4/1/2013.