Sec. 8493.202. 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 2015, 84th Leg., R.S., Ch. 135 (H.B. 3081), Sec. 1, eff. May 28, 2015.
Section: Previous 8493.006 8493.051 8493.052 8493.101 8493.102 8493.103 8493.104 8493.105 8493.106 8493.107 8493.151 8493.152 8493.153 8493.201 8493.202Last modified: September 28, 2016