{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3973.0506","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3973.0506","heading":"BONDS FOR ROAD PROJECTS.","body":"At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 1255 (H.B. 4653), Sec. 1, eff. September 1, 2019.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3973. TARKINGTON MANAGEMENT DISTRICT NO. 1 OF LIBERTY COUNTY","SUBCHAPTER E. TAXES AND BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3973.htm#3973.0506","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c67c226be54306a6fc7808e62f52f128f85b6c5bed12335283d3325915f624ef","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3973.0505","next":"us-tx/tex.-special-district-local-laws-code-3973.0601"},"notice":"GroundRules: Original legal text. Not legal advice."}