Sec. 3897.301. PROPERTY TAX AUTHORIZED. The district may impose an ad valorem tax on all taxable property in the district, including industrial, commercial, and residential property, to: (1) pay for an improvement project of the types authorized by Section 52, Article III, and Section 59, Article XVI, Texas Constitution; or (2) secure the payment of bonds issued for a purpose described by Subdivision (1). Added by Acts 2011, 82nd Leg., R.S., Ch. 656 (S.B. 1184), Sec. 1, eff. June 17, 2011.
Property Tax Authorized
Tex. Special District Local Laws Code § 3897.301, under Chapter 3897. Timber Springs Municipal Management District.
Tex. Special District Local Laws Code § 3897.301