Sec. 7913.252. 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. 881 (H.B. 4160), Sec. 1, eff. June 18, 2015.
Section: Previous 7913.106 7913.151 7913.152 7913.153 7913.201 7913.202 7913.203 7913.204 7913.251 7913.252 7913.253 7913.301 7913.302 7913.303 7913.304 NextLast modified: September 28, 2016