Sec. 8445.202. 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 2013, 83rd Leg., R.S., Ch. 771 (S.B. 1068), Sec. 1, eff. June 14, 2013.
Section: Previous 8445.004 8445.005 8445.006 8445.051 8445.052 8445.101 8445.102 8445.103 8445.104 8445.105 8445.151 8445.152 8445.153 8445.201 8445.202Last modified: September 28, 2016