Texas § 1475.003 AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES.

Texas Statutes

§ 1475.003 — AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES.

Texas § 1475.003

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 1475.003 (2026).

Text

Sec. 1475.003. AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES. To pay for an action authorized by Section 1475.002 , a county may, on the approval of at least two-thirds of the qualified voters of the county who vote on the measure:

(1)issue bonds or warrants or otherwise lend its credit in addition to its other debt and in an amount not to exceed one-fourth of the taxable value of the real property in the county; and

(2)impose taxes to pay the interest on and to provide a sinking fund for the redemption of the debt.

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Sec. 1475.003. AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES. To pay for an action authorized by Section 1475.002 , a county may, on the approval of at least two-thirds of the qualified voters of the county who vote on the measure:
(1) issue bonds or warrants or otherwise lend its credit in addition to its other debt and in an amount not to exceed one-fourth of the taxable value of the real property in the county; and
(2) impose taxes to pay the interest on and to provide a sinking fund for the redemption of the debt.