Sec. 9047.202. 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 Section 51.433, Water Code.
Added by Acts 2013, 83rd Leg., R.S., Ch. 624 (S.B. 1841), Sec. 1, eff. June 14, 2013.
Section: Previous 9047.006 9047.007 9047.051 9047.052 9047.101 9047.102 9047.103 9047.104 9047.105 9047.106 9047.151 9047.152 9047.153 9047.201 9047.202Last modified: September 28, 2016