Sec. 1065.251. IMPOSITION OF AD VALOREM TAX  


Latest version.
  • (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.