Tex. Spec. Dists. Code § 3850.159

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

Section 3850.159 - Ad Valorem Tax

(a) If authorized at an election held in accordance with Section 3850.162, the district may impose an annual ad valorem tax on taxable property in the district to:

(1) maintain and operate the district;

(2) construct or acquire improvements; or

(3) provide a service.

(b) The board shall determine the tax rate. The rate may not exceed the rate approved at the election.

Tex. Spec. Dist. Loc. Laws § 3850.159

Added by Acts 2005, 79th Leg., Ch. 771, Sec. 1, eff. 6/17/2005.