yourstate.us
Home / Texas / Special District Local Laws Code
Tex. Special District Local Laws Code § 1067.202

TAX TO PAY GENERAL OBLIGATION BONDS

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

Taxation
Get this as JSONEmbed this
Cite this
Citation
Tex. Special District Local Laws Code § 1067.202, TAX TO PAY GENERAL OBLIGATION BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/588774
Permanent ID
ys:prov:588774@1
SHA-256
21174de7db8340d5588efdf6c51654c207b8dc7632d315e77b119611bdc63981

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) For general obligation bonds issued under Section 1067.201, the board shall impose an ad valorem tax at a rate sufficient to create an interest and sinking fund and to pay the principal of and interest on the bonds as the bonds mature. (b) The tax required by this section together with any other ad valorem tax the district imposes may not in any year exceed the limit approved by the voters at the election authorizing the imposition of the tax.