Sec. 7933.202. 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. 909 (S.B. 2037), Sec. 1, eff. June 18, 2015.
Section: Previous 7933.004 7933.005 7933.006 7933.051 7933.052 7933.101 7933.102 7933.103 7933.104 7933.105 7933.151 7933.152 7933.153 7933.201 7933.202Last modified: September 28, 2016