Sec. 3803.153. MAINTENANCE TAX. (a) If authorized at an election held in accordance with Section 3803.158, the district may impose an annual ad valorem tax on taxable property in the district to:
(1) maintain and operate the district and the improvements constructed or acquired by the district; and
(2) provide services to industrial or commercial businesses, residents, or property owners.
(b) The board shall determine the tax rate.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3803 - Greater Greenspoint Management District of Harris County
Subchapter D. Financial Provisions
Section 3803.151. Petition Required for Financing Services and Improvements
Section 3803.1515. Disbursements and Transfers of Money
Section 3803.152. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3803.153. Maintenance Tax
Section 3803.154. Assessments; Liens for Assessments
Section 3803.155. Tax and Assessment Abatements
Section 3803.156. Property Exempt From Assessment and Impact Fees