Texas § 571.006 TAX; BONDS.

Texas Statutes

§ 571.006 — TAX; BONDS.

Texas § 571.006

Code LGLocal Government Code

This text of Texas § 571.006 (TAX; BONDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Local Government Code Code Ann. § 571.006 (2026).

Text

Sec. 571.006. TAX; BONDS.

(a)The commissioners court or municipal authority may impose a tax to pay the debt incurred under Section 571.002 . The rate of the tax in any year may not exceed 50 cents on each $100 of the taxable value of property taxable by the county or municipality.

(b)The commissioners court or municipal authority may issue bonds under this subchapter for the payment of the debt, but, if revenue from the tax will not pay off the debt within five years, the commissioners court or municipal authority shall issue bonds for the payment of the debt.

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Sec. 571.006. TAX; BONDS. (a) The commissioners court or municipal authority may impose a tax to pay the debt incurred under Section 571.002 . The rate of the tax in any year may not exceed 50 cents on each $100 of the taxable value of property taxable by the county or municipality.
(b) The commissioners court or municipal authority may issue bonds under this subchapter for the payment of the debt, but, if revenue from the tax will not pay off the debt within five years, the commissioners court or municipal authority shall issue bonds for the payment of the debt.

Legislative History

Added by Acts 1999, 76th Leg., ch. 227, Sec. 16, eff. Sept. 1, 1999. Renumbered from Local Government Code, Section 421.006 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.76(c)(1), eff. April 1, 2009. Amended by: Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.77(19), eff. April 1, 2009.