Section 1043.253 - Election to Increase Maximum Tax Rate(a) The board may order an election to increase the district's maximum tax rate to a rate not to exceed 75 cents on each $100 valuation of taxable property in the district.(b) The maximum tax rate may not be increased unless the increase is approved by a majority of the district voters voting in an election held for that purpose.(c) The board shall give notice in the manner provided for a bond election under Section 1043.203.Tex. Spec. Dist. Loc. Laws § 1043.253
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.