Sec. 4501.151. AD VALOREM TAXES PROHIBITED. The authority may not impose an ad valorem tax.
Added by Acts 2007, 80th Leg., R.S., Ch. 568 (S.B. 1659), Sec. 1, eff. June 16, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle D - Parks and Recreation
Chapter 4501 - Texas State Railroad Authority
Subchapter D. General Financial Provisions
Section 4501.151. Ad Valorem Taxes Prohibited
Section 4501.152. Grants; Donations
Section 4501.153. Grants From Other Taxing Authority; Contract