Sec. 1011.251. IMPOSITION OF AD VALOREM TAX  


Latest version.
  • (a) On final approval of the budget, the board shall impose a tax on all taxable property in the district subject to district taxation.

    (b) The board shall impose the tax to:

    (1) pay the interest on and create a sinking fund for bonds issued by the district for hospital purposes as provided by this chapter;

    (2) provide for the maintenance and operations of the hospital, hospital system, or related facilities;

    (3) make improvements and additions to the hospital system; and

    (4) acquire necessary sites for the hospital system by purchase, lease, or condemnation.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 , Sec. 1.01, eff. April 1, 2013.