GroundRules
Tex. Special District Local Laws Code § 8024.0101: ELECTIONS REGARDING TAXES OR BONDS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE F. MUNICIPAL UTILITY DISTRICTS
- CHAPTER 8024. BAYBROOK MUNICIPAL UTILITY DISTRICT NO. 1
- SUBCHAPTER C. FINANCIAL PROVISIONS
(a) The district may issue bonds, notes, and other obligations secured by revenues or contract payments from any lawful source other than ad valorem taxes without an election.
(b) The district may issue bonds, notes, and other obligations secured wholly or partly by ad valorem taxes only if the issuance is approved by a vote of a two-thirds majority of the district voters voting at an election held for that purpose.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.02, eff. April 1, 2021.
Collected 2026-08-27T01:47:41Z. Source file · JSON