Tex. Spec. Dist. Local Laws Code § 7805.151 · Subchapter D. BONDS AND TAXES
AUTHORITY TO ISSUE BONDS; TAXES FOR BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may issue and sell all unissued bonds that have been authorized at an election held in the district.
(b) The district may impose an ad valorem tax on all taxable property in the district to pay the principal of and interest on the bonds.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.02, eff. April 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7805.htm
- Text hash
- sha256 f0fd03d4d55dbead6551aa5ddb702f60285e59f4ae162523130b19e4afcbaf2e
- 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.