Texas Special District Local Laws Code § 1058.306 Imposition Of Tax And Return Of Surplus Taxes

Sec. 1058.306. IMPOSITION OF TAX AND RETURN OF SURPLUS TAXES. (a) After the board finds that the district is dissolved, the board shall:

(1) determine the debt owed by the district; and

(2) impose on the property included in the district's tax rolls a tax that is in proportion of the debt to the property value.

(b) On the payment of all outstanding debts and obligations of the district, the board shall order the secretary to return to each district taxpayer the taxpayer's pro rata share of all unused tax money.

(c) A taxpayer may request that the taxpayer's share of surplus tax money be credited to the taxpayer's county taxes. If a taxpayer requests the credit, the board shall direct the secretary to transmit the money to the county tax assessor-collector.

Added by Acts 2013, 83rd Leg., R.S., Ch. 330 (H.B. 1969), Sec. 12, eff. June 14, 2013.

Section: Previous  1058.204  1058.205  1058.206  1058.207  1058.208  1058.209  1058.251  1058.252  1058.253  1058.301  1058.302  1058.303  1058.304  1058.305  1058.306

Last modified: September 28, 2016