Sec. 8464.202. 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. 442 (S.B. 706), Sec. 1, eff. June 14, 2013.
Section: Previous 8464.004 8464.005 8464.006 8464.051 8464.052 8464.101 8464.102 8464.103 8464.104 8464.105 8464.151 8464.152 8464.153 8464.201 8464.202Last modified: September 28, 2016