Section 3935.201 - Elections Regarding Taxes and Bonds(a) The district may issue, without an election, bonds, notes, and other obligations secured by: (1) revenue other than ad valorem taxes; or(2) contract payments described by Section 3935.203.(b) The district must hold an election in the manner provided by Chapters 49 and 54, Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.(c) All or any part of any facilities or improvements that may be acquired by a district by the issuance of its bonds may be submitted as a single proposition or as several propositions to be voted on at the election.Tex. Spec. Dist. Loc. Laws § 3935.201
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 885,Sec. 2, eff. 6/18/2015.