Sec. 3846.156. ABOLITION OF LOCAL SALES AND USE TAX. (a) Except as provided by Subsection (b), the board by order may abolish the local sales and use tax rate without an election.
(b) The board may not abolish the local sales and use tax while any district debt or contractual obligation remains outstanding if any sales and use tax revenue is pledged to secure payment of the outstanding debt or obligation.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.03, eff. April 1, 2009.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.031, eff. September 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3846 - East Montgomery County Improvement District
Subchapter D. Sales and Use Tax; General Financial Provisions
Section 3846.151. Sales and Use Tax; Excise Tax
Section 3846.152. Tax Election Procedures
Section 3846.153. Ballot Wording
Section 3846.154. Imposition, Computation, Administration, and Governance of Taxes
Section 3846.156. Abolition of Local Sales and Use Tax
Section 3846.158. Effective Date of Sales and Use Tax or Tax Change
Section 3846.1585. General Authority to Impose Taxes
Section 3846.159. Ad Valorem Tax Prohibited; Exception
Section 3846.160. Fees; Charges
Section 3846.161. Certain Residential Property Exempt
Section 3846.162. Borrowing Money