Sec. 1103.251. IMPOSITION OF AD VALOREM TAX

Latest version.

(a) The district may impose a tax on all taxable property in the district subject to district taxation.
(b) The tax may be used to meet the requirements of:
(1) district bonds;
(2) indebtedness assumed by the district; and
(3) district maintenance and operating expenses.

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

                    
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