Tex. Spec. Dists. Code § 3948.201

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 3948.201 - 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 3948.203.
(b) The district must hold an election in the manner provided by Subchapter L, Chapter 375, Local Government Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.
(c) Section 375.243, Local Government Code, does not apply to the district.
(d) 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 § 3948.201

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 445,Sec. 1, eff. 6/9/2017.