1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1112.206 Bonds Exempt From Taxation
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Sec. 1112.206. 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 § 1112.251 Imposition of Ad Valorem Tax
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Sec. 1112.251. IMPOSITION OF AD VALOREM TAX. (a) The district may impose a tax on all property in the district subject to district taxation. (b) The tax may be used to meet the requirements of: (1) district bonds; (2) indebtedness assumed by the district; and (3) district mainten…
Tex. Special District Local Laws Code § 1112.252 Tax Rate
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Sec. 1112.252. TAX RATE. Unless the rate is increased as provided by Section 1112.253, the district may impose the tax at a rate not to exceed 25 cents on each $100 valuation of all taxable property in the district. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1…
Tex. Special District Local Laws Code § 1112.253 Election To Increase Maximum Tax Rate
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Sec. 1112.253. ELECTION TO INCREASE MAXIMUM TAX RATE. (a) The board may order an election to increase the district's maximum tax rate to a rate not to exceed 75 cents on each $100 valuation of all taxable property in the district. (b) Notice of election shall be given by publishi…