Sec. 7917.202. 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. 494 (S.B. 2027), Sec. 1, eff. June 16, 2015.
Section: Previous 7917.004 7917.005 7917.006 7917.051 7917.052 7917.101 7917.102 7917.103 7917.104 7917.105 7917.151 7917.152 7917.153 7917.201 7917.202Last modified: September 28, 2016