Sec. 3803.153. MAINTENANCE TAX. (a) If authorized at an election held in accordance with Section 3803.158, the district may impose an annual ad valorem tax on taxable property in the district to:
(1) maintain and operate the district and the improvements constructed or acquired by the district; and
(2) provide services to industrial or commercial businesses, residents, or property owners.
(b) The board shall determine the tax rate.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Section: Previous 3803.102 3803.103 3803.104 3803.105 3803.106 3803.107 3803.151 3803.1515 3803.152 3803.153 3803.154 3803.155 3803.156 3803.157 3803.158 NextLast modified: September 28, 2016