Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 9055.256 - Bonds Payable From Ad Valorem Taxes The district may issue bonds payable from:
(1) ad valorem taxes imposed on taxable property in the district; or(2) ad valorem taxes and revenue of the district.Tex. Spec. Dist. Loc. Laws § 9055.256
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 855,Sec. 1.06, eff. 4/1/2017.