Sec. 8346.202. 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 2009, 81st Leg., R.S., Ch. 387 (H.B. 1599), Sec. 1, eff. June 19, 2009.
Section: Previous 8346.003 8346.004 8346.005 8346.051 8346.052 8346.101 8346.102 8346.103 8346.104 8346.105 8346.151 8346.152 8346.153 8346.201 8346.202Last modified: September 28, 2016