Sec. 3984.0707. ABOLITION OF TAX. (a) Except as provided by Subsection (b), the board may abolish the tax imposed under this subchapter.
(b) The board may not abolish the tax imposed under this subchapter if the district has outstanding debt secured by the tax, and repayment of the debt would be impaired by the abolition of the tax.
Added by Acts 2019, 86th Leg., R.S., Ch. 1259 (H.B. 4676), Sec. 1, eff. June 14, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3984 - Fort Bend County Management District No. 3
Subchapter G. Hotel Occupancy Tax
Section 3984.0702. Applicability of Certain Tax Code Provisions
Section 3984.0703. Tax Authorized; Use of Revenue
Section 3984.0705. Information