Sec. 7968.152. OPERATION AND MAINTENANCE TAX. (a) If authorized at an election held under Section 7968.151, 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 reimbursements for projects constructed or acquired under Section 7968.103.
Added by Acts 2017, 85th Leg., R.S., Ch. 451 (S.B. 905), Sec. 1, eff. June 9, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 7968 - Cresson Crossroads Municipal Utility District No. 2
Subchapter D. General Financial Provisions
Section 7968.151. Elections Regarding Taxes or Bonds