Section 1099.301 - Imposition of Tax(a) The board shall impose a tax on all taxable 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 or other obligations issued by the district for hospital purposes as provided by this chapter;(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.Tex. Spec. Dist. Loc. Laws § 1099.301
Added by Acts 2011, 82nd Leg., R.S., Ch. 70, Sec. 1.01, eff. 4/1/2013.