Sec. 9044.102. 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.
Added by Acts 2013, 83rd Leg., R.S., Ch. 284 (H.B. 995), Sec. 1, eff. June 14, 2013.
Section: Previous 9044.001 9044.002 9044.051 9044.052 9044.053 9044.054 9044.055 9044.101Last modified: September 28, 2016