Tex. Gov't Code § 1509.154

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1509.154 - Bond Payments From Revenue or Taxes

The governing body of the municipality may provide for payment of the principal of and interest on bonds issued under this subchapter by:

(1) pledging all or part of the revenue from the ownership or operation of a garbage reclamation project;

(2) imposing an ad valorem tax; or

(3) combining those sources.

Tex. Gov't. Code § 1509.154

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.