Sec. 365.037. COUNTY AD VALOREM TAX. (a) A county may impose an ad valorem tax under Section 9, Article VIII, or Section 52, Article III, of the Texas Constitution, and contract to pay and pledge taxes in support of its obligation to a district and the district's bondholders.
(b) The tax proceeds shall be used annually to the extent required and for the payments provided by the county's contract with the district.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle G - Turnpikes and Toll Projects
Chapter 365 - Road District Toll Roads
Subchapter C. Financial Provisions
Section 365.031. Authority to Issue Bonds
Section 365.032. Bond Election
Section 365.033. Sale of Bonds
Section 365.034. Bond Security
Section 365.035. Bondholder Protection
Section 365.036. Refunding Bonds
Section 365.037. County Ad Valorem Tax
Section 365.038. County Payments Relating to District Bonds
Section 365.039. County Bonds and Certificates of Obligation
Section 365.040. Authority for Tolls and Charges
Section 365.041. Amount of Tolls
Section 365.042. Fines and Penalties
Section 365.043. County Expenses
Section 365.044. Costs of Certain Acquisitions and Alterations