GroundRules
Tex. Special District Local Laws Code § 9016.203: LIMITATION ON TAX RATE.
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 E. BONDS AND OTHER OBLIGATIONS
Notwithstanding any other provision of this chapter, the projected combined operation, maintenance, and debt service tax rates as of the date of the issuance of any bonds, as described by the commission in a commission order approving the issuance of the bonds, may not exceed 65 cents for each $100 of assessed valuation of property in the district.
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