Sec. 8354.252. 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. 715 (H.B. 709), Sec. 1, eff. June 17, 2011.
Added by Acts 2011, 82nd Leg., R.S., Ch. 895 (S.B. 475), Sec. 1, eff. June 17, 2011.
Section: Previous 8354.104 8354.105 8354.106 8354.151 8354.152 8354.153 8354.154 8354.155 8354.156 8354.157 8354.201 8354.202 8354.203 8354.251 8354.252Last modified: September 28, 2016