Texas Special District Local Laws Code - Section 1003.251. Imposition Of Taxes
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Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Section 1003.251. Imposition Of Taxes
§ 1003.251. IMPOSITION OF TAXES. (a) The board shall
impose on all property subject to district taxation, for the
benefit of the district, a tax at a rate not to exceed 75 cents on
each $100 assessed value of the property according to the most
recent certified tax appraisal roll of the district.
(b) The board shall impose the tax to:
(1) pay the principal of and interest on, and to create
an interest and sinking fund for, bonds that may have been assumed
or that may be issued by the district for hospital purposes;
(2) provide for the operation and maintenance of the
hospital or 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.
Acts 2003, 78th Leg., ch. 1277, § 1, eff. April 1, 2005.
Section: 1003.153 1003.154 1003.201 1003.202 1003.203 1003.204 1003.205 1003.251 1003.252 1003.253 1004.001 1004.002 1004.003 1004.004 1004.005
Last modified: August 10, 2007
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