Sec. 8838.152. AD VALOREM TAX EXEMPTION FOR PROPERTY ON WHICH WATER CONSERVATION INITIATIVE HAS BEEN IMPLEMENTED

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(a) The district may adopt rules providing for granting exemptions from ad valorem taxes on property on which a water conservation initiative has been implemented as provided by Section 11.32, Tax Code.
(b) The total amount of the exemption from ad valorem taxes may not exceed one-half of the tax imposed by the district.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 , Sec. 1.03, eff. April 1, 2013.

                    
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