Sec. 8446.202. 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. 1250 (S.B. 1910), Sec. 3, eff. September 1, 2013.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1309 (H.B. 3954), Sec. 4, eff. June 14, 2013.
Section: Previous 8446.004 8446.005 8446.006 8446.051 8446.052 8446.101 8446.102 8446.103 8446.104 8446.105 8446.151 8446.152 8446.153 8446.201 8446.202Last modified: September 28, 2016