Section 8511.0601 - Maintenance and Administration Tax(a) The board may impose ad valorem taxes in amounts approved at an election held in accordance with Section 8511.0602 for:(1) the maintenance of the authority and its improvements; or(2) the authority's administrative expenses.(b) The maintenance tax and administration tax may not exceed the maximum rate approved at the election, and the rate remains in effect until changed by a subsequent election. The tax rate may not exceed the limit specified by Section 8511.0604.Tex. Spec. Dist. Loc. Laws § 8511.0601
Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 914,Sec. 1.03, eff. 4/1/2023.