Board Vote Required To Authorize Taxes, Assessments, Impact Fees, Or Bonds

Sec. 3847.152. BOARD VOTE REQUIRED TO AUTHORIZE TAXES, ASSESSMENTS, IMPACT FEES, OR BONDS. (a) A majority vote of the directors serving is required to authorize the imposition of a tax, assessment, or impact fee. (b) The written consent of at least two-thirds of all voting directors is required to authorize the issuance of a bond. Added by Acts 2005, 79th Leg., Ch. 572 (H.B. 1458), Sec. 1, eff. June 17, 2005.