Sec. 336.255. USE OF TAX. A tax collected under this subchapter may be used only for a district purpose and may be pledged as collateral for borrowing money to further those purposes.
Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205), Sec. 2, eff. June 17, 2005.
Structure Texas Statutes
Title 10 - Parks and Other Recreational and Cultural Resources
Chapter 336 - Multi-Jurisdictional Library Districts
Section 336.251. Ad Valorem Tax Assessment and Collection
Section 336.252. Imposition, Computation, Administration, and Governance of Sales Tax
Section 336.253. Sales and Use Tax Rates
Section 336.254. Abolition of or Change in Ad Valorem Tax Rate