Section 1042.251 - Imposition of Ad Valorem Tax(a) The board shall impose a tax on all property in the district subject to district taxation.(b) The tax may be used only to:(1) pay the interest on and create a sinking fund for bonds issued under this chapter;(2) provide for the operation and maintenance of the district and hospital system;(3) make improvements and additions to the hospital system; and(4) acquire sites for additions to the hospital system.Tex. Spec. Dist. Loc. Laws § 1042.251
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.