{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3900.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3900.206","heading":"TAXES FOR BONDS.","body":"(a) At the time the district issues bonds payable from ad valorem taxes, the board shall impose a continuing direct annual ad valorem tax, without limit as to rate or amount, as required by Section 54.601, Water Code.\n(b) The board shall annually impose the tax while all or part of the bonds are outstanding. Sections 54.601 and 54.602, Water Code, govern the amount and rate of the tax.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 856 (H.B. 3831), Sec. 1, eff. September 1, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3900. MONTECILLO MUNICIPAL MANAGEMENT DISTRICT NO. 1","SUBCHAPTER E. TAXES AND BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3900.htm#3900.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"6ac68b5e4135464471634b753f96c4d3d810b09ec859e1669f098c7f184f196a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3900.205","next":"us-tx/tex.-special-district-local-laws-code-3900.207"},"notice":"GroundRules: Original legal text. Not legal advice."}