Tex. Spec. Dist. Local Laws Code § 5008.0401 · Subchapter D. GENERAL FINANCIAL PROVISIONS
AD VALOREM TAX FOR MAINTENANCE AND OPERATIONS.
Not yet in force
Text of section effective on April 01, 2027
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may impose an ad valorem tax at a rate not to exceed 20 cents on each $100 valuation of taxable property in the district for the maintenance and operation of the district and the district's properties.
(b) The tax at its authorized rate must be imposed in the manner prescribed for bond taxes under Subchapter E, subject to the limit prescribed by Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.01, eff. April 1, 2027.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5008.htm
- Text hash
- sha256 580e5c5f675989c73e3598195fe11ada48f8d8e9bbd8a5838c2c4d6aef5195f0
- 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.