Sec. 140.012. FISCAL YEAR OF CERTAIN POLITICAL SUBDIVISIONS CREATED ON OR AFTER SEPTEMBER 1, 2019. (a) This section does not apply to a political subdivision that is a special district created under Section 52, Article III, or Section 59, Article XVI, Texas Constitution.
(b) A political subdivision that is created on or after September 1, 2019, and that has authority to impose a tax must have the same fiscal year as the county in which the political subdivision is wholly or primarily located.
Added by Acts 2019, 86th Leg., R.S., Ch. 831 (H.B. 2617), Sec. 1, eff. September 1, 2019.
Structure Texas Statutes
Subtitle C - Financial Provisions Applying to More Than One Type of Local Government
Section 140.002. Investments by Political Subdivision in Defense Bonds and Other Federal Obligations
Section 140.005. Annual Financial Statement of School, Road, or Other District
Section 140.006. Publication of Annual Financial Statement by School, Road, or Other District
Section 140.007. Least Cost Review Program
Section 140.008. Annual Report of Certain Financial Information
Section 140.009. Contract for Collection of Amounts in Civil Cases
Section 140.012. Fiscal Year of Certain Political Subdivisions Created on or After September 1, 2019
Section 140.013. Balance Billing for County and Municipal Ambulance Services