Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle C. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY MORE THAN ONE TYPE OF LOCAL GOVERNMENT |
Chapter 1251. BOND ELECTIONS |
Sec. 1251.004. IMPOSITION OF TAX
Latest version.
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At an election ordered on the issuance of bonds of a county or municipality, or of a political subdivision or defined district of a county or municipality, the governing body of the county or municipality shall also submit the question of whether to impose a tax on property in the county, municipality, political subdivision, or defined district to pay interest on the bonds and to provide a sinking fund to redeem the bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.