Tex. Spec. Dist. Local Laws Code § 8130.151 · Subchapter D. BONDS
AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may issue bonds or other obligations as provided by Chapters 49 and 54, Water Code, to finance the construction, maintenance, or operation of projects under Section 8130.051.
(b) The district may not issue bonds or other obligations secured in whole or in part by ad valorem taxation to finance projects authorized by Section 8130.051 unless the issuance is approved by a vote of a two-thirds majority of the voters of the district or of the defined area to be benefited by the project as provided by Subchapter J, Chapter 54, Water Code, voting at an election called for that purpose.
(c) Bonds or other obligations issued or incurred to finance projects authorized by Section 8130.051 may not exceed one-fourth of the assessed value of the real property in the district or the defined area, as applicable.
(d) Sections 49.181, 49.182, and 50.107, Water Code, do not apply to a project undertaken by the district under Section 8130.051 or to bonds issued by the district to finance the project.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 456 (S.B. 1864), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1128 (H.B. 2590), Sec. 18, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8130.htm
- Text hash
- sha256 a7594ac0ade55752d127ea074878014db6013c83b50c3a16a0c5b6cf1ce43f24
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Special District Local Laws Code
Water Code
- Tex. Water Code § 49.181AUTHORITY OF COMMISSION OVER ISSUANCE OF DISTRICT BONDS.Printed as Sections 49.181, 49.182, and 50.107, Water Code
- Tex. Water Code § 49.182COMMISSION SUPERVISION OF PROJECTS AND IMPROVEMENTS.Printed as Sections 49.181, 49.182, and 50.107, Water Code
- Tex. Water Code § 50.107AUTHORITY OF COMMISSION OVER ISSUANCE OF DISTRICT BONDS.Printed as Sections 49.181, 49.182, and 50.107, Water Code
- Tex. Water Code ch. 54, subch. JSERVICES FOR CERTAIN DEFINED AREAS AND DESIGNATED PROPERTYPrinted as Subchapter J, Chapter 54, Water Code
Cited by 1 provision
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 8130.151. Each shows the citation as that text prints it.
Special District Local Laws Code
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