Tex. Gov't Code § 1301.003 · Chapter 1301. COUNTY BONDS
LIMITS ON ISSUANCE OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The amounts of bonds issued under this chapter may not exceed:
(1) for courthouse bonds, two percent of the county's taxable values;
(2) for jail bonds, 1-1/2 percent of the county's taxable values;
(3) for joint courthouse and jail bonds, 3-1/2 percent of the county's taxable values; and
(4) for bridge bonds, 1-1/2 percent of the county's taxable values.
(b) In determining the amount of the respective type of bonds to be issued, previous debt incurred for the same purpose as the bonds shall be considered.
(c) A county's total indebtedness for the purposes described by this chapter may not be increased by the issuance of bonds to an amount that exceeds five percent of the county's taxable values.
(d) The county's taxable values are according to the most recent appraisal roll.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1301.htm
- Text hash
- sha256 ac49b035d55f6a4a330a9f9c9b768d8623432b8cc62dbb5c271a96d7b0de6a9d
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.