Tex. Special District Local Laws Code § 7986A.0401
ELECTIONS REGARDING TAXES OR BONDS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 7986A.0401, ELECTIONS REGARDING TAXES OR BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/607115
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Full text
(a) The district may issue, without an election, bonds and other obligations secured by:
(1) revenue other than ad valorem taxes; or
(2) contract payments described by Section 7986A.0403.
(b) The district must hold an election in the manner provided by Chapters 49 and 54, Water Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.
(c) The district may not issue bonds payable from ad valorem taxes to finance a road project unless the issuance is approved by a vote of a two-thirds majority of the district voters voting at an election held for that purpose.