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Tex. Spec. Dist. Local Laws Code § 9501.151

AD VALOREM TAX

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff

(a) The commission may impose an ad valorem tax on real property within the commission's jurisdiction.

(b) The commission shall determine the tax rate, which may not exceed 10 cents for each $100 valuation of property.

(c) Revenue from the tax may be used only to pay for functions of the commission.

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