yourstate.us
Tex. Special District Local Laws Code § 1041.202

TAX TO PAY GENERAL OBLIGATION BONDS

Texas · Texas Special District Local Laws Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Special District Local Laws Code § 1041.202, TAX TO PAY GENERAL OBLIGATION BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/587177
Permanent ID
ys:prov:587177@1
SHA-256
4efcff842ebea12cd0919d9f4350a671195c3b5bb9d155ab160d16c944b9bbfd

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) The board shall impose an ad valorem tax 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 1041.201. (b) The tax required by this section together with any other ad valorem tax the district imposes may not in any year exceed 75 cents on each $100 valuation of all taxable property in the district.