Sec. 3994.0501. TAX ELECTION REQUIRED. (a) The district must hold an election in the manner provided by Chapter 49, Water Code, or, if applicable, Chapter 375, Local Government Code, to obtain voter approval before the district may impose an ad valorem tax.
(b) Section 375.243, Local Government Code, does not apply to the district.
Added by Acts 2021, 87th Leg., R.S., Ch. 989 (H.B. 4628), Sec. 1, eff. June 18, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3994 - Veale Ranch Municipal Management District No. 1
Section 3994.0501. Tax Election Required
Section 3994.0502. Operation and Maintenance Tax
Section 3994.0503. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3994.0504. Bonds Secured by Revenue or Contract Payments
Section 3994.0505. Bonds Secured by Ad Valorem Taxes; Elections
Section 3994.0506. Consent of Municipality and Development Agreement Required