Tex. Transp. Code § 314.046 · Subchapter D. ASSESSMENTS
ASSESSMENTS LEVIED.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body may make an assessment only by ordinance.
(b) An assessment may:
(1) be made payable in not more than 16 installments maturing within 15 years; and
(2) bear interest at not more than eight percent a year.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.314.htm
- Text hash
- sha256 3a8018eb8635363a1553885c7d4b0a1f958423aa863ff0f9bba1ea2615ddaa23
- 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.