Texas Special District Local Laws Code § 3880.211 Taxes For Bonds

Sec. 3880.211. 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 2009, 81st Leg., R.S., Ch. 1084 (H.B. 4777), Sec. 1, eff. June 19, 2009.

Section: Previous  3880.204  3880.205  3880.206  3880.207  3880.208  3880.209  3880.210  3880.211  3880.212  3880.213  3880.214  3880.215  3880.251  3880.252  3880.253  Next

Last modified: September 28, 2016