Sec. 8474.202. 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. 627 (S.B. 1901), Sec. 1, eff. June 14, 2013.
Section: Previous 8474.004 8474.005 8474.006 8474.051 8474.052 8474.101 8474.102 8474.103 8474.104 8474.105 8474.151 8474.152 8474.153 8474.201 8474.202Last modified: September 28, 2016