Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 7805.151 - Authority to Issue Bonds; Taxes for Bonds(a) The district may issue and sell all unissued bonds that have been authorized at an election held in the district.(b) The district may impose an ad valorem tax on all taxable property in the district to pay the principal of and interest on the bonds.Tex. Spec. Dist. Loc. Laws § 7805.151
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 112,Sec. 1.02, eff. 4/1/2015.