Texas § 286.142 TAXES TO PAY BONDS.

Texas Statutes

§ 286.142 — TAXES TO PAY BONDS.

Texas § 286.142

Code HSHealth and Safety Code

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Bluebook

Tex. Health and Safety Code Code Ann. § 286.142 (2026).

Text

Sec. 286.142. TAXES TO PAY BONDS.

(a)At the time the bonds are issued by the district, the board shall levy a tax.

(b)The tax must be sufficient to create an interest and sinking fund to pay the principal of and interest on the bonds as they mature.

(c)In any year, the tax together with any other tax the district levies may not exceed the limit approved by the voters at the election authorizing the levy of taxes.

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Sec. 286.142. TAXES TO PAY BONDS. (a) At the time the bonds are issued by the district, the board shall levy a tax.
(b) The tax must be sufficient to create an interest and sinking fund to pay the principal of and interest on the bonds as they mature.
(c) In any year, the tax together with any other tax the district levies may not exceed the limit approved by the voters at the election authorizing the levy of taxes.