Payment of Tax Or Assessment Not Required

Tex. Special District Local Laws Code § 9050.153, under Inverness Forest Improvement District.

Tex. Special District Local Laws Code § 9050.153

Sec. 9050.153. PAYMENT OF TAX OR ASSESSMENT NOT REQUIRED. The district is not required to pay a tax or assessment on: (1) a district project or any part of the project; or (2) a district purchase. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017. SUBCHAPTER E. BONDS