Texas Statutes
§ 1111.202 — TAX TO PAY GENERAL OBLIGATION BONDS.
Texas § 1111.202
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1111.202 (TAX TO PAY GENERAL OBLIGATION 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. Special District Local Laws Code Code Ann. § 1111.202 (2026).
Text
Sec. 1111.202. TAX TO PAY GENERAL OBLIGATION BONDS.
(a)An ad valorem tax shall be imposed at a rate sufficient to create an interest and sinking fund to pay the principal of and interest on general obligation bonds issued under Section 1111.201 as the bonds mature.
(b)The tax required by this section together with any other ad valorem tax imposed for the district may not in any year exceed 75 cents on each $100 valuation of all taxable property in the district.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147 ), Sec. 1.01, eff. April 1, 2013.
Nearby Sections
15
§ 1111.001
DEFINITIONS.§ 1111.002
AUTHORITY FOR CREATION.§ 1111.003
POLITICAL SUBDIVISION.§ 1111.004
DISTRICT TERRITORY.§ 1111.005
CORRECTION OF INVALID PROCEDURES.§ 1111.051
BOARD ELECTION; TERM.§ 1111.052
NOTICE OF ELECTION.§ 1111.053
REQUEST TO APPEAR ON BALLOT.§ 1111.054
QUALIFICATIONS FOR OFFICE.§ 1111.055
BOND; RECORD OF BOND AND OATH.§ 1111.056
OFFICERS.§ 1111.057
OFFICE; MEETINGS.§ 1111.058
RECORDS OF PROCEEDINGS.§ 1111.059
DISTRICT ADMINISTRATOR.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1111.202, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1111.202.