Sec. 8417.202. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 and 54.602, Water Code.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1393 (H.B. 1354), Sec. 1, eff. June 14, 2013.
Section: Previous 8417.005 8417.006 8417.051 8417.052 8417.101 8417.102 8417.103 8417.104 8417.105 8417.106 8417.151 8417.152 8417.153 8417.201 8417.202Last modified: September 28, 2016