Sec. 8475.202. 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. 628 (S.B. 1902), Sec. 1, eff. June 14, 2013.
Section: Previous 8475.004 8475.005 8475.006 8475.051 8475.052 8475.101 8475.102 8475.103 8475.104 8475.105 8475.151 8475.152 8475.153 8475.201 8475.202Last modified: September 28, 2016