Sec. 8249.252. 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 2011, 82nd Leg., R.S., Ch. 706 (H.B. 534), Sec. 3.01, eff. September 1, 2011.
Section: Previous 8249.104 8249.105 8249.106 8249.107 8249.151 8249.152 8249.153 8249.154 8249.155 8249.156 8249.201 8249.202 8249.203 8249.251 8249.252Last modified: September 28, 2016