Sec. 3954.204. OPERATION AND MAINTENANCE TAX. (a) If authorized by a majority of the district voters voting at an election held under Section 3954.202, the district may impose an operation and maintenance tax on taxable property in the district in accordance with Section 49.107, Water Code.
(b) The board shall determine the tax rate. The rate may not exceed the rate approved at the election.
(c) Section 49.107(f), Water Code, does not apply to a reimbursement made for a purpose described by Section 3954.102.
Added by Acts 2017, 85th Leg., R.S., Ch. 804 (H.B. 4303), Sec. 3, eff. September 1, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3954 - Prairie Ridge Municipal Management District No. 1
Section 3954.201. Bonds and Other Obligations
Section 3954.202. Elections Regarding Taxes and Bonds
Section 3954.203. Taxes for Bonds