Sec. 8472.202. 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. 1247 (S.B. 1899), Sec. 1, eff. June 14, 2013.
Section: Previous 8472.004 8472.005 8472.006 8472.051 8472.052 8472.101 8472.102 8472.103 8472.104 8472.105 8472.151 8472.152 8472.153 8472.201 8472.202Last modified: September 28, 2016