Tex. Spec. Dists. Code § 4001.0502

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 4001.0502 - Operation And Maintenance Tax
(a) If authorized by a majority of the district voters voting at an election under Section 4001.0501, the district may impose an operation and maintenance tax on taxable property in the district in the manner provided by Section 49.107, Water Code, for any district purpose, including to:
(1) maintain and operate the district;
(2) construct or acquire improvements; or
(3) provide a service.
(b) The board shall determine the operation and maintenance tax rate. The rate may not exceed the rate approved at the election.

Tex. Spec. Dist. Loc. Laws § 4001.0502

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 787,Sec. 2, eff. 6/13/2023.