Sec. 7903.202. 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 2015, 84th Leg., R.S., Ch. 906 (S.B. 2013), Sec. 1, eff. June 18, 2015.
Section: Previous 7903.004 7903.005 7903.006 7903.051 7903.052 7903.101 7903.102 7903.103 7903.104 7903.105 7903.151 7903.152 7903.153 7903.201 7903.202Last modified: September 28, 2016