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1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1079.208 Bonds Exempt From Taxation
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Sec. 1079.208. 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) any transaction relating to the bonds; and (3) profits made in the sale of the bonds. Added by Acts 2009…
Tex. Special District Local Laws Code § 1079.209 Additional Means of Securing Repayment of Bonds
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Sec. 1079.209. ADDITIONAL MEANS OF SECURING REPAYMENT OF BONDS. In addition to the authority to issue general obligation bonds and revenue bonds under this subchapter, the board may provide for the security and payment of district bonds from a pledge of a combination of ad valore…
Tex. Special District Local Laws Code § 1079.210 Use of Bond Proceeds
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Sec. 1079.210. USE OF BOND PROCEEDS. The district may use the proceeds of bonds issued under this subchapter to pay: (1) any expense the board determines is reasonable and necessary to issue, sell, and deliver the bonds; (2) interest payments on the bonds during a period of acqui…
Tex. Special District Local Laws Code § 1079.251 Imposition of Ad Valorem Tax
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Sec. 1079.251. IMPOSITION OF AD VALOREM TAX. (a) The board may impose a tax on all property in the district subject to district taxation. (b) The tax may be used to pay: (1) indebtedness issued or assumed by the district; and (2) the maintenance and operating expenses of the dist…