{"data":{"id":"us-tx/tex.-government-code-1475.003","jurisdiction":"us-tx","citation":"Tex. Government Code § 1475.003","heading":"AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES.","body":"To pay for an action authorized by Section 1475.002, a county may, on the approval of at least two-thirds of the qualified voters of the county who vote on the measure:\n(1) issue bonds or warrants or otherwise lend its credit in addition to its other debt and in an amount not to exceed one-fourth of the taxable value of the real property in the county; and\n(2) impose taxes to pay the interest on and to provide a sinking fund for the redemption of the debt.\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 1475. COUNTY BONDS AND WARRANTS FOR NAVIGATION PURPOSES","SUBCHAPTER A. RIGHT-OF-WAY FOR FEDERAL NAVIGATION PROJECTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1475.htm#1475.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"4dd1555d9bab27ead33b8fdae18204f948d0897d9be530a74313ed15990bb44d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1475.002","next":"us-tx/tex.-government-code-1475.004"},"notice":"GroundRules: Original legal text. Not legal advice."}