Sec. 8860.152. LIMITATION ON TAXES. The district may not impose an ad valorem tax at a rate that exceeds two cents on each $100 valuation of taxable property in the district, and any tax imposed under this section must first be approved by the voters of the district at the election held to confirm the creation of the district or at a separate election held in accordance with Section 36.201, Water Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1091 (S.B. 1290), Sec. 1, eff. September 1, 2011.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 819 (S.B. 1835), Sec. 2, eff. June 14, 2013.
Section: Previous 8860.005 8860.021 8860.022 8860.023 8860.024 8860.051 8860.052 8860.053 8860.054 8860.055 8860.101 8860.102 8860.103 8860.104 8860.151Last modified: September 28, 2016