Sec. 365.037. COUNTY AD VALOREM TAX. (a) A county may impose an ad valorem tax under Section 9, Article VIII, or Section 52, Article III, of the Texas Constitution, and contract to pay and pledge taxes in support of its obligation to a district and the district's bondholders.
(b) The tax proceeds shall be used annually to the extent required and for the payments provided by the county's contract with the district.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Section: Previous 365.014 365.015 365.031 365.032 365.033 365.034 365.035 365.036 365.037 365.038 365.039 365.040 365.041 365.042 365.043 NextLast modified: September 28, 2016