Sec. 8476.202. 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. 503 (S.B. 1903), Sec. 1, eff. June 14, 2013.
Section: Previous 8476.004 8476.005 8476.006 8476.051 8476.052 8476.101 8476.102 8476.103 8476.104 8476.105 8476.151 8476.152 8476.153 8476.201 8476.202Last modified: September 28, 2016