Tex. Government Code § 1475.003
AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 1475.003, AUTHORITY TO ISSUE BONDS AND IMPOSE TAXES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660807
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Full text
To pay for an action authorized by Section 1475.002, a county may, on the approval of at least two-thirds of the qualified voters of the county who vote on the measure:
(1) issue bonds or warrants or otherwise lend its credit in addition to its other debt and in an amount not to exceed one-fourth of the taxable value of the real property in the county; and
(2) impose taxes to pay the interest on and to provide a sinking fund for the redemption of the debt.