Taxes For Bonds

Tex. Special District Local Laws Code § 7897.0502, under Hills of Walnut Creek Municipal Utility District of Parker County.

Tex. Special District Local Laws Code § 7897.0502

Sec. 7897.0502. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 and 54.602, Water Code. Added by Acts 2025, 89th Leg., R.S., Ch. 530 (H.B. 5679), Sec. 1, eff. September 1, 2025.