{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1016.202","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1016.202","heading":"TAX TO PAY GENERAL OBLIGATION BONDS.","body":"(a) At the time general obligation bonds are issued by the district under Section 1016.201, the board shall impose an ad valorem tax at a rate sufficient to create an interest and sinking fund to pay the principal of and interest on the bonds as the bonds mature.\n(b) The tax required by this section together with any other ad valorem tax the district imposes may not in any year exceed the tax rate approved by the voters at the election authorizing the imposition of the tax.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1016. CONCHO COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1016.htm#1016.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c1ec1fdca2efebf7f1657c13f1b61ef41cf3c213184dd53104e1ab82f9891e8f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1016.201","next":"us-tx/tex.-special-district-local-laws-code-1016.203"},"notice":"GroundRules: Original legal text. Not legal advice."}