Section 1118.251 - Imposition of Ad Valorem Tax(a) The board shall impose a tax on all property in the district subject to district taxation.(b) The tax may be used only to:(1) pay the interest on and create a sinking fund for bonds issued under this chapter;(2) provide for the operation and maintenance of the district and hospital system;(3) make improvements and additions to the hospital system;(4) acquire sites for additions to the hospital system; and(5) pay the indebtedness issued or assumed by the district.Tex. Spec. Dist. Loc. Laws § 1118.251
Redesignated from Special District Local Laws Code, Section 1072.251 by Acts 2011, 82nd Leg., R.S., Ch. 91, Sec. 27.001(53), eff. 9/1/2011.Added by Acts 2009, 81st Leg., R.S., Ch. 1139, Sec. 1.01, eff. 4/1/2011.