Sec. 7922.202. 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. 903 (S.B. 2007), Sec. 1, eff. June 18, 2015.
Section: Previous 7922.004 7922.005 7922.006 7922.051 7922.052 7922.101 7922.102 7922.103 7922.104 7922.105 7922.151 7922.152 7922.153 7922.201 7922.202Last modified: September 28, 2016