Tex. Water Code § 58.464 · Subchapter J. ISSUANCE OF BONDS
ADJUSTMENT OF TAX LEVY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may from time to time increase or diminish the tax to adjust it for the taxable values of the property subject to taxation by the district and the amount required to be collected.
(b) The board shall raise an amount sufficient to pay the annual interest of and principal on all outstanding bonds.
Notes and commentary — not statutory text
History
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977. Amended by Acts 1979, 66th Leg., p. 2321, ch. 841, Sec. 4(r), eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.58.htm
- Text hash
- sha256 b0ba4470193858981a1a0cb3941ecccf61f10f209b0da56a2876508064055f18
- 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 1 provision
Provisions in this library whose text cites Tex. Water Code § 58.464. Each shows the citation as that text prints it.
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