Sec. 8478.252. 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.
Added by Acts 2013, 83rd Leg., R.S., Ch. 385 (H.B. 3925), Sec. 2, eff. September 1, 2013.
Section: Previous 8478.102 8478.103 8478.104 8478.105 8478.151 8478.152 8478.153 8478.154 8478.155 8478.156 8478.201 8478.202 8478.203 8478.251 8478.252Last modified: September 28, 2016