Texas Statutes (Last Updated: January 4, 2014) |
TAX CODE |
Title 3. LOCAL TAXATION |
Subtitle A. GENERAL TAXING AUTHORITY AND PROVISIONS |
Chapter 302. TAXATION POWERS OF MUNICIPALITIES |
Subchapter A. PROPERTY TAXES |
Sec. 302.001. PROPERTY TAXES AUTHORIZED; PURPOSES
Latest version.
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(a) A Type A general-law municipality may levy property taxes for current expenses, for the construction or purchase of public buildings, water works, sewers, and other permanent improvements in the municipality, including municipal schools and school sites, and for the construction and improvement of municipal roads, streets, and bridges in the municipality.
(b) A Type B general-law municipality may levy property taxes at an annual rate not to exceed 25 cents for each $100 of property valuation.
(c) A home-rule municipality may levy special or general property taxes for lawful purposes.
Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.