{"data":{"id":"us-tx/tex.-government-code-1432.012","jurisdiction":"us-tx","citation":"Tex. Government Code § 1432.012","heading":"CHARGES.","body":"(a) The governing body of a local government may impose and collect charges for the use or availability of a facility authorized by this chapter.\n(b) A local government shall impose and collect pledged charges in an amount that will be at least sufficient, with any other pledged resources, to provide for the payment of:\n(1) the principal of, interest on, and any other amounts required in connection with the bonds; and\n(2) to the extent required by the bond authorization:\n(A) expenses incurred in connection with the bonds; and\n(B) operation, maintenance, and other expenses incurred in connection with the facility.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE H. SPECIFIC AUTHORITY FOR MORE THAN ONE TYPE OF LOCAL GOVERNMENT TO ISSUE SECURITIES","CHAPTER 1432. BONDS FOR LOCAL GOVERNMENT SPORTS CENTERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1432.htm#1432.012","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"4e868380ce71dc4a40362275b441f2291ede9d90be589158110f0d787cbe1883","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1432.011","next":"us-tx/tex.-government-code-1432.013"},"notice":"GroundRules: Original legal text. Not legal advice."}
