Tex. Spec. Dists. Code § 6613.151

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

Section 6613.151 - Taxes

The board shall annually impose taxes on all taxable property in the district:

(1) in an amount sufficient to pay the interest as it becomes due on district bonds and to create a sinking fund for the payment of the bonds at maturity; and

(2) to pay for the maintenance and operation of the district and necessary improvements to be made for the district.

Tex. Spec. Dist. Loc. Laws § 6613.151

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 855,Sec. 1.01, eff. 4/1/2017.