Sec. 7918.202. 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. 495 (S.B. 2028), Sec. 1, eff. June 16, 2015.
Section: Previous 7918.005 7918.006 7918.051 7918.052 7918.101 7918.102 7918.103 7918.104 7918.105 7918.106 7918.151 7918.152 7918.153 7918.201 7918.202Last modified: September 28, 2016