{"data":{"id":"us-tx/tex.-government-code-1474.101","jurisdiction":"us-tx","citation":"Tex. Government Code § 1474.101","heading":"LIMIT ON DEBT.","body":"(a) If a county contains one or more districts organized under Section 52, Article III, or Section 59, Article XVI, Texas Constitution, the ratio of the debt of a district to the assessed value of real property in the district, expressed as a percentage, together with the ratio of the proposed county debt to the assessed value of real property in the county, expressed as a percentage, may not exceed one-fourth of the assessed value of real property in the county or in the district.\n(b) The assessed value of real property in a county or in a district is computed according to the most recent appraisal roll of the county or district, as appropriate.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES","CHAPTER 1474. BONDS FOR COUNTY WATER IMPROVEMENTS","SUBCHAPTER C. LIMITATIONS AND PROCEDURES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1474.htm#1474.101","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"44dc5fa57c01e013be6d011b25b51c5bdba287844be33e2fadb3cb316af3b8e3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1474.058","next":"us-tx/tex.-government-code-1474.102"},"notice":"GroundRules: Original legal text. Not legal advice."}