Tex. Loc. Gov't Code § 307.046 · Subchapter C. FINANCING
ADDITIONAL TAX; TIME WARRANTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In addition to the taxes authorized for the payment of principal of and interest on bonds, the governing body of the municipality may levy and collect an annual ad valorem tax for the purpose of:
(1) defraying in part the cost of acquiring, building, constructing, erecting, furnishing, or equipping the pier or a structure or improvement, or the cost of any interest in land in connection with the pier, structure, or improvement; or
(2) repairing, enlarging, extending, altering, or improving the pier or a structure or improvement.
(b) The governing body may issue interest-bearing time warrants, payable from the taxes authorized by this section, and expend the proceeds for the same purposes for which the taxes may be levied.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.307.htm
- Text hash
- sha256 4d95985e069a7648ba1f2ee61470102bb2a5e27fab504e22ffcab117c434ff58
- 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. Loc. Gov't Code § 307.046. Each shows the citation as that text prints it.
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