Sec. 8874.151. LIMITATION ON TAXES. The district 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. 467 (S.B. 1012), Sec. 1, eff. September 1, 2013.
Section: Previous 8874.001 8874.002 8874.003 8874.004 8874.005 8874.051 8874.052 8874.053 8874.054 8874.055 8874.101Last modified: September 28, 2016