Sec. 3847.153. MAINTENANCE TAX. (a) If authorized at an election held in accordance with Section 3847.157, the district may impose an annual ad valorem tax on taxable property in the district to:
(1) maintain and operate the district;
(2) construct or acquire improvements; or
(3) provide a service.
(b) The board shall determine the tax rate.
Added by Acts 2005, 79th Leg., Ch. 572 (H.B. 1458), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3847 - Airline Improvement District
Subchapter D. Financial Provisions
Section 3847.151. Disbursements and Transfers of Money
Section 3847.152. Board Vote Required to Authorize Taxes, Assessments, Impact Fees, or Bonds
Section 3847.153. Maintenance Tax
Section 3847.154. Sales and Use Tax
Section 3847.155. Assessments; Liens for Assessments
Section 3847.156. Property Exempt From Impact Fees and Assessments
Section 3847.157. Elections Regarding Taxes or Bonds
Section 3847.158. Municipality Not Required to Pay District Obligations