{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7953a.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7953A.0503","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 2021, 87th Leg., R.S., Ch. 764 (H.B. 4650), Sec. 1, eff. June 15, 2021.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7953A. EAST CENTRAL TRAVIS COUNTY CONSERVATION AND RECLAMATION DISTRICT NO. 1","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7953A.htm#7953A.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"2910b9a874588972ba1ebce4eec616649f34a99ffad33e8d41baf9a38e070eda","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7953a.0502","next":"us-tx/tex.-special-district-local-laws-code-7954.001"},"notice":"GroundRules: Original legal text. Not legal advice."}