Tex. Gov't Code § 1501.158

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1501.158 - Imposition of Ad Valorem Tax

The governing body of the municipality shall impose an annual ad valorem tax sufficient to pay when due the principal of and interest on each certificate of indebtedness issued under this subchapter.

Tex. Gov't. Code § 1501.158

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.