Sec. 7930.102. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the district 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. 497 (S.B. 2033), Sec. 1, eff. June 16, 2015.
Section: Previous 7930.001 7930.002 7930.051 7930.052 7930.053 7930.054 7930.101Last modified: September 28, 2016