Tex. Spec. Dist. Local Laws Code § 21.452 · Subchapter J. TAXES
AMOUNT OF TAX.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The amount of tax imposed by the board must be in an amount necessary to pay:
(1) the principal of and interest on district bonds; and
(2) the expense of assessing and collecting taxes.
(b) The district may impose a maintenance and operating tax in an amount not to exceed three cents on each $100 of assessed valuation of property in the district to pay the district's maintenance and operating expenses.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, 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.21.htm
- Text hash
- sha256 2cd13f54da009def176e5b71fbcb3c2edfd93db9bbd1c41cc33d276f268ffc1f
- 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.