Texas § 3900.206 TAXES FOR BONDS.

Texas Statutes

§ 3900.206 — TAXES FOR BONDS.

Texas § 3900.206

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 3900.206 (2026).

Text

Sec. 3900.206. TAXES FOR BONDS.

(a)At the time the district issues bonds payable from ad valorem taxes, the board shall impose a continuing direct annual ad valorem tax, without limit as to rate or amount, as required by Section 54.601 , Water Code.

(b)The board shall annually impose the tax while all or part of the bonds are outstanding. Sections 54.601 and 54.602 , Water Code, govern the amount and rate of the tax.

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Sec. 3900.206. TAXES FOR BONDS. (a) At the time the district issues bonds payable from ad valorem taxes, the board shall impose a continuing direct annual ad valorem tax, without limit as to rate or amount, as required by Section 54.601 , Water Code.
(b) The board shall annually impose the tax while all or part of the bonds are outstanding. Sections 54.601 and 54.602 , Water Code, govern the amount and rate of the tax.