Sec. 3863.304. ABOLISHING SALES AND USE TAX. (a) Except as provided by Subsection (b), the board may abolish the sales and use tax without an election.
(b) The board may not abolish the sales and use tax if the district has outstanding debt secured by the tax.
Added by Acts 2009, 81st Leg., R.S., Ch. 883 (S.B. 2526), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3863 - Travis County Improvement District No. 1
Subchapter G. Sales and Use Tax
Section 3863.301. Meanings of Words and Phrases
Section 3863.302. Applicability of Certain Tax Code Provisions
Section 3863.303. Authorization; Election