Sec. 8864.151. LIMITATION ON TAXES. The board may not impose an ad valorem tax at a rate that exceeds five cents on each $100 valuation of taxable property in the district.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.05, eff. April 1, 2015.
Section: Previous 8864.001 8864.002 8864.003 8864.004 8864.051 8864.052 8864.053 8864.054 8864.055 8864.101Last modified: September 28, 2016