Tex. Spec. Dists. Code § 9016.203

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 9016.203 - Limitation on Tax Rate

Notwithstanding any other provision of this chapter, the projected combined operation, maintenance, and debt service tax rates as of the date of the issuance of any bonds, as described by the commission in a commission order approving the issuance of the bonds, may not exceed 65 cents for each $100 of assessed valuation of property in the district.

Tex. Spec. Dist. Loc. Laws § 9016.203

Added by Acts 2011, 82nd Leg., R.S., Ch. 1043, Sec. 1, eff. 6/17/2011.