Tex. Spec. Dist. Local Laws Code § 1023.307 · Subchapter G. DISSOLUTION
IMPOSITION OF TAX AND RETURN OF SURPLUS TAXES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a majority of the votes in an election to dissolve the district favor dissolution, the board shall:
(1) determine the debt owed by the district; and
(2) impose a tax on the taxable property in the district at a rate that will raise sufficient revenue to pay the debt owed by the district.
(b) On the payment of all outstanding debts and obligations of the district, the board shall order the secretary to return to each district taxpayer the taxpayer's pro rata share of all unused tax money.
(c) A taxpayer may request that the taxpayer's share of surplus tax money be credited to the taxpayer's county taxes. If a taxpayer requests the credit, the board shall direct the secretary to transmit the funds to the county tax assessor-collector.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1023.htm
- Text hash
- sha256 68290e500fc2eba8c78c02d8b227a643e452daa0c84737e9c3653098f96fbde9
- 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.