Sec. 8479.252. 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. 4, eff. September 1, 2013.
Section: Previous 8479.102 8479.103 8479.104 8479.105 8479.151 8479.152 8479.153 8479.154 8479.155 8479.156 8479.201 8479.202 8479.203 8479.251 8479.252Last modified: September 28, 2016