Texas § 9502.0302 TAXES AND BONDS.

Texas Statutes

§ 9502.0302 — TAXES AND BONDS.

Texas § 9502.0302

Code SDSpecial District Local Laws Code

This text of Texas § 9502.0302 (TAXES AND 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. § 9502.0302 (2026).

Text

Sec. 9502.0302. TAXES AND BONDS.

(a)The district must hold an election in the manner provided by Chapter 49 , Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.

(b)The board may impose the tax at a rate not to exceed 5 cents on each $100 valuation.

(c)The district, without an election, may issue bonds, notes, or other obligations secured by revenue other than ad valorem taxes.

(d)The district may grant an abatement for a tax owed to the district in the manner provided by Chapter 312 , Tax Code.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 9502.0302. TAXES AND BONDS. (a) The district must hold an election in the manner provided by Chapter 49 , Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.
(b) The board may impose the tax at a rate not to exceed 5 cents on each $100 valuation.
(c) The district, without an election, may issue bonds, notes, or other obligations secured by revenue other than ad valorem taxes.
(d) The district may grant an abatement for a tax owed to the district in the manner provided by Chapter 312 , Tax Code.