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1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1108.207 Execution of Bonds
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Sec. 1108.207. EXECUTION OF BONDS. The board president shall execute the district's bonds in the district's name, and the board secretary shall countersign the bonds in the manner provided by Chapter 618, Government Code. Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), S…
Tex. Special District Local Laws Code § 1108.208 Bonds Exempt From Taxation
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Sec. 1108.208. 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) any profits made in the sale of the bonds. Added by Acts…
Tex. Special District Local Laws Code § 1108.251 Imposition of Ad Valorem Tax
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Sec. 1108.251. IMPOSITION OF AD VALOREM TAX. (a) The board may impose a tax on all property in the district subject to district taxation. (b) The board shall impose the tax to pay: (1) indebtedness issued or assumed by the district; and (2) district maintenance and operating expe…
Tex. Special District Local Laws Code § 1108.252 Tax Rate
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Sec. 1108.252. TAX RATE. (a) The board may impose the tax at a rate not to exceed 75 cents on each $100 valuation of taxable property in the district subject to district taxation. (b) In setting the tax rate, the board shall consider the income of the district from sources other …