GroundRules
Tex. Special District Local Laws Code § 8848.151: LIMITATION ON TAX RATE FOR DEBT.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE H. DISTRICTS GOVERNING GROUNDWATER
- CHAPTER 8848. LONE WOLF GROUNDWATER CONSERVATION DISTRICT
- SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS
The district may impose an ad valorem tax at a rate not to exceed 20 cents for each $100 of assessed valuation to pay any part of the bonds or notes issued by the district if a majority of the voters approve:
(1) the authority to impose the tax at the confirmation election; or
(2) that authority at a separate election called for that purpose by the board.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.05, eff. April 1, 2011.
Collected 2026-08-27T01:47:41Z. Source file · JSON