Sec. 1004.301. IMPOSITION OF AD VALOREM TAX  


Latest version.
  • (a) The board shall impose a tax on all property in the district subject to hospital district taxation.

    (b) The tax may be used to pay:

    (1) indebtedness issued or assumed by the district; and

    (2) the maintenance and operating expenses of the district.

    (c) The district may not impose a tax to pay the principal of or interest on revenue bonds issued under this chapter.

Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.01, eff. April 1, 2007.