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Tex. Spec. Dist. Local Laws Code § 9011.202

IMPOSITION OF AD VALOREM TAXES

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.12, eff

A tax imposed by the district must be an ad valorem tax, including a tax to:

(1) pay off bonds for preliminary surveys and investigation or to provide funds for conducting preliminary surveys, if no construction bonds are to be issued; and

(2) pay the principal and interest and other costs that may be paid from taxes.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.