{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1065.202","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1065.202","heading":"TAX TO PAY GENERAL OBLIGATION BONDS.","body":"(a) 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 general obligation bonds issued under Section 1065.201 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 75 cents on each $100 valuation of taxable property in the district.\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 1065. MOTLEY COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1065.htm#1065.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"d32e30b76f573cd8d1653b451f4b4a35e11a4685e82a669bbf43c77842cbadcb","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1065.201","next":"us-tx/tex.-special-district-local-laws-code-1065.203"},"notice":"GroundRules: Original legal text. Not legal advice."}