GroundRules
Tex. Special District Local Laws Code § 9016.151: ELECTIONS REGARDING TAXES OR BONDS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS
- CHAPTER 9016. MIDLAND COUNTY UTILITY DISTRICT
- SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS
(a) The district may issue, without an election, bonds and other obligations secured by:
(1) revenue other than ad valorem taxes; or
(2) contract payments described by Section 9016.153.
(b) The district must hold an election in the manner provided by Chapters 49 and 51, Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.
(c) The district may not issue bonds payable from ad valorem taxes to finance a road project unless 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 2011, 82nd Leg., R.S., Ch. 1043 (H.B. 3111), Sec. 1, eff. June 17, 2011.
Collected 2026-08-27T01:47:41Z. Source file · JSON