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Tex. Special District Local Laws Code § 3846.265

DEVELOPMENT ZONE PROPERTY TAX

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

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Tex. Special District Local Laws Code § 3846.265, DEVELOPMENT ZONE PROPERTY TAX, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/594522
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(a) If approved at an election by a majority of the voters in the development zone voting in an election held for that purpose, the governing body may authorize a tax on all taxable property in a development zone created wholly or partly in the boundaries of East Montgomery County Utility District No. 5, 6, or 7, or Valley Ranch Municipal Utility District No. 1 at a rate not to exceed 10 cents on each $100 valuation as determined by the Montgomery County Appraisal District. (b) The election may be held in conjunction with the confirmation election held under Section 3846.257.