Texas Statutes
Subchapter D. General Financial Provisions
Section 8848.151. Limitation on Tax Rate for Debt

Sec. 8848.151. LIMITATION ON TAX RATE FOR DEBT. The district may impose an ad valorem tax at a rate not to exceed 20 cents for each $100 of assessed valuation to pay any part of the bonds or notes issued by the district if a majority of the voters approve:
(1) the authority to impose the tax at the confirmation election; or
(2) that authority at a separate election called for that purpose by the board.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.05, eff. April 1, 2011.