Sec. 3850.157. PUBLIC IMPROVEMENT DISTRICT ASSESSMENTS. An assessment levied in the district for a public improvement district under Subchapter A, Chapter 372, Local Government Code, or Chapter 382, Local Government Code, may be used only under the terms for which the assessment was levied. Money raised by an assessment in the public improvement district under that chapter must be used in the public improvement district, and may not be transferred for use outside the area for which the assessment was originally levied.
Added by Acts 2005, 79th Leg., Ch. 771 (H.B. 3526), Sec. 1, eff. June 17, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.043, eff. September 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3850 - Greater Sharpstown Management District
Subchapter D. Financial Provisions
Section 3850.151. Disbursements and Transfers of Money
Section 3850.152. Money Used for Improvements or Services
Section 3850.153. Petition Required for Financing Services and Improvements With Assessments
Section 3850.154. Method of Notice for Hearing
Section 3850.155. Assessments; Liens for Assessments
Section 3850.156. Limitation on Amount of Certain Assessments
Section 3850.157. Public Improvement District Assessments
Section 3850.158. Utility Property Exempt From Impact Fees and Assessments
Section 3850.159. Ad Valorem Tax
Section 3850.160. Bonds and Other Obligations
Section 3850.161. Taxes for Bonds and Other Obligations
Section 3850.162. Tax and Bond Elections
Section 3850.163. City of Houston Not Required to Pay District Obligations