Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 3. HEALTH |
Subtitle A. HOSPITAL DISTRICTS |
Chapter 1065. MOTLEY COUNTY HOSPITAL DISTRICT |
Subchapter F. TAXES |
Sec. 1065.251. IMPOSITION OF AD VALOREM TAX
Latest version.
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(a) On final approval of the annual budget, the board shall impose a tax on all 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; and
(2) provide for the maintenance and operation of the district and hospital system.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.