Tex. Gov't Code § 1434.052 · Subchapter B. ISSUANCE OF BONDS
JOINT FINANCING BY COUNTY AND MUNICIPALITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A county and a municipality may jointly issue public securities and impose ad valorem taxes for a purpose described by Section 1434.051.
(b) The commissioners court of the county and the governing body of the municipality shall determine the appropriate proportion of the ad valorem taxes to be imposed by the county and by the municipality.
(c) A public security proposition that is submitted must distinctly specify the proportion of ad valorem taxes to be imposed by the county and by the municipality.
(d) The county and municipality shall issue the public securities and impose the taxes in accordance with the applicable provisions of Subtitles A, C, D, and E.
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.1434.htm
- Text hash
- sha256 8ffce5ac2a0858526a7fddd6e7cde92b0405efc5aebece16365843e44b6cadfc
- 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
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