Tex. Health & Safety Code § 286.142 · Subchapter G. BONDS
TAXES TO PAY BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) At the time the bonds are issued by the district, the board shall levy a tax.
(b) The tax must be sufficient to create an interest and sinking fund to pay the principal of and interest on the bonds as they mature.
(c) In any year, the tax together with any other tax the district levies may not exceed the limit approved by the voters at the election authorizing the levy of taxes.
Notes and commentary — not statutory text
History
Added by Acts 1991, 72nd Leg., ch. 14, Sec. 121, eff. Sept. 1, 1991.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.286.htm
- Text hash
- sha256 9c7c5411f9fa1f35a92eac92919577700bd93526aba7837e9cc951d6b501fcaa
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Health & Safety Code § 286.142. Each shows the citation as that text prints it.
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