Sec. 8257.0502. OPERATION AND MAINTENANCE TAX. (a) If authorized at an election held under Section 8257.0501, 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.
Added by Acts 2019, 86th Leg., R.S., Ch. 104 (S.B. 2504), Sec. 1, eff. May 22, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8257 - Magnolia Woods Municipal Utility District No. 1
Subchapter E. General Financial Provisions
Section 8257.0501. Elections Regarding Taxes or Bonds