Section 8274.152 - Tax to Pay Obligations Incurred Under Contract for Water Purchase(a) If the tax is authorized at an election held for that purpose in the manner provided by Section 49.107, Water Code, the district may impose a tax and pledge the tax for the payment of all or part of an obligation incurred under a contract to purchase water.(b) The election may be held in conjunction with an election authorizing tax bonds or authorizing a maintenance tax.Tex. Spec. Dist. Loc. Laws § 8274.152
Added by Acts 2009, 81st Leg., R.S., Ch. 1139, Sec. 1.04, eff. 4/1/2011.