1,328 chapters · 31,723 sections in this title.
Tex. Special District Local Laws Code § 8509.0304 Election For Bonds Payable From Ad Valorem Taxes
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Sec. 8509.0304. ELECTION FOR BONDS PAYABLE FROM AD VALOREM TAXES. (a) Bonds, other than refunding bonds, payable wholly or partly from ad valorem taxes may not be issued unless authorized by a majority vote of the voters voting at an election held for that purpose. (b) The board …
Tex. Special District Local Laws Code § 8509.0305 Bonds Payable From Revenue
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Sec. 8509.0305. BONDS PAYABLE FROM REVENUE. (a) In this section, "net revenue" means the district's gross revenue and income from all sources less the amount necessary to pay the cost of maintaining and operating the district and the district's property. (b) Bonds issued under th…
Tex. Special District Local Laws Code § 8509.0306 Bonds Payable From Ad Valorem Taxes
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Sec. 8509.0306. BONDS PAYABLE FROM AD VALOREM TAXES. The board may issue bonds payable, as pledged by board resolution, from: (1) ad valorem taxes imposed on taxable property in the district; or (2) ad valorem taxes and revenue of the district. Added by Acts 2019, 86th Leg., R.S.…
Tex. Special District Local Laws Code § 8509.0307 Tax and Rate Requirements
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Sec. 8509.0307. TAX AND RATE REQUIREMENTS. (a) If the district issues bonds payable wholly or partly from ad valorem taxes, the board shall impose an ad valorem tax on the taxable property in the district sufficient to pay the principal of and the interest on the bonds as the bon…