Sec. 8466.102. 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. 955 (H.B. 1801), Sec. 1, eff. June 14, 2013.
Section: Previous 8466.001 8466.002 8466.051 8466.052 8466.053 8466.054 8466.101Last modified: September 28, 2016