Sec. 8013.304. USE OF REVENUE. Revenue from the sales and use tax imposed under this subchapter is for the use and benefit of the district and may be used for any district purpose. The district may pledge all or part of the revenue to the payment of bonds, notes, or other obligations, and that pledge of revenue may be in combination with other revenue, including tax revenue, available to the district.
Added by Acts 2017, 85th Leg., R.S., Ch. 644 (H.B. 4345), Sec. 1.01, eff. June 12, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8013 - Rio De Vida Municipal Utility District No. 1
Subchapter G. Sales and Use Tax
Section 8013.301. Applicability of Certain Tax Code Provisions
Section 8013.302. Election; Adoption of Tax
Section 8013.303. Sales and Use Tax Rate