Sec. 7919.202. 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. 58 (H.B. 4129), Sec. 1, eff. May 22, 2015.
Section: Previous 7919.004 7919.005 7919.006 7919.051 7919.052 7919.101 7919.102 7919.103 7919.104 7919.105 7919.151 7919.152 7919.153 7919.201 7919.202Last modified: September 28, 2016