Tex. Spec. Dist. Local Laws Code § 9092.0506

BONDS PAYABLE FROM AD VALOREM TAXES

Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.03, eff

The board may issue bonds payable, as pledged by board resolution, from:

(1) ad valorem taxes of the district; or

(2) ad valorem taxes and revenue of the district.

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