Sec. 3813.159. AD VALOREM TAX PROHIBITED. The district may not impose an ad valorem tax on property in the district.
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 3813 - Old Town Spring Improvement District
Subchapter D. Financial Provisions
Section 3813.151. Sales and Use Tax; Excise Tax
Section 3813.152. Tax Election Procedures
Section 3813.153. Ballot Wording
Section 3813.154. Imposition, Computation, Administration, and Governance of Taxes
Section 3813.156. Abolition of Tax
Section 3813.157. Use of Taxes
Section 3813.158. Effective Date of Tax or Tax Change
Section 3813.159. Ad Valorem Tax Prohibited
Section 3813.160. Fees; Charges
Section 3813.161. Borrowing Money