Tex. Spec. Dist. Local Laws Code § 6611.201 · Subchapter E. BONDS
AUTHORITY TO ISSUE BONDS; TAXES FOR BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may issue district bonds to acquire money to accomplish any district purpose or carry out any power granted under this chapter to the district.
(b) The board may impose a tax on all taxable property in the district, as shown by the most recent certified appraisal roll of the district, sufficient to:
(1) provide for the payment of the interest on the bonds as the interest accrues; and
(2) create a sinking fund for the redemption of the bonds as the bonds mature.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.01, eff. April 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.6611.htm
- Text hash
- sha256 15af097b860db9486b6b457ccc6409431b30d1c39eaf73f02b15f9af31cf20cb
- 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 3 provisions
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 6611.201. Each shows the citation as that text prints it.
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