{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8228.151","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8228.151","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 2017, 85th Leg., R.S., Ch. 14 (H.B. 1664), Sec. 3, eff. May 18, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8228. WOOD TRACE MUNICIPAL UTILITY DISTRICT NO. 1, OF MONTGOMERY COUNTY, TEXAS","SUBCHAPTER D. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8228.htm#8228.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"40049081fb048f75825af02a5b1d07c52e178b1470a0c260fb171c34fc05f181","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8228.103","next":"us-tx/tex.-special-district-local-laws-code-8229.001"},"notice":"GroundRules: Original legal text. Not legal advice."}