Tex. Gov't Code § 2259.034 · Subchapter B. SELF-INSURANCE FUND
PAYMENT SOURCE FOR PUBLIC SECURITIES: LOCAL GOVERNMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Public securities issued by a local government under this subchapter may be payable from taxes imposed by and revenues of the local government, including:
(1) ad valorem, sales and use, and hotel occupancy taxes;
(2) revenue derived by the local government from any system or other specified source; or
(3) any combination of taxes and revenue.
(b) The issuance of public securities by a local government under this subchapter that are payable from ad valorem taxes is subject to the laws applicable to the issuance of public securities by the local government for other purposes, including Chapter 1251, with respect to the necessity for and conduct of an election.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 5, 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.2259.htm
- Text hash
- sha256 a5969b484c35ce44b63ca97f82e2631a5f6605b10cc86a58070627f0e6a47993
- 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
This section cites
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