1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1026.206 Revenue Bonds
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Sec. 1026.206. REVENUE BONDS. (a) The board may issue revenue bonds to: (1) purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospital purposes; or (2) acquire sites to be used for hospital purposes. (b) The bonds must be payable from and secu…
Tex. Special District Local Laws Code § 1026.207 Refunding Bonds
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Sec. 1026.207. REFUNDING BONDS. (a) The board may, without an election, issue refunding bonds to refund outstanding indebtedness issued or assumed by the district. (b) A refunding bond may be: (1) sold, with the proceeds of the refunding bond applied to the payment of outstanding…
Tex. Special District Local Laws Code § 1026.208 Bonds Exempt From Taxation
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Sec. 1026.208. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state: (1) bonds issued by the district; (2) the transfer and issuance of the bonds; and (3) profits made in the sale of the bonds. Added by Acts 200…
Tex. Special District Local Laws Code § 1026.251 Imposition of Ad Valorem Tax
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Sec. 1026.251. IMPOSITION OF AD VALOREM TAX. (a) The board shall impose a tax on all property in the district subject to district taxation. (b) The board shall impose the tax to pay: (1) indebtedness issued by the district; and (2) the maintenance and operating expenses of the di…