Sec. 8495.202. 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. 866 (H.B. 2091), Sec. 1.02, eff. September 1, 2015.
Section: Previous 8495.006 8495.007 8495.051 8495.052 8495.101 8495.102 8495.103 8495.104 8495.105 8495.106 8495.151 8495.152 8495.153 8495.201 8495.202Last modified: September 28, 2016