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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) For the benefit of the defined area, the district may issue, without an election, bonds, notes, and other obligations secured by revenue other than ad valorem taxes.
(b) The district must hold an election in the defined area to obtain approval of the voters of the defined area before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes in the defined area.
(c) An election under this section does not require that an election be held in the part of the district located outside the defined area.
(d) All or any part of any facilities or improvements that may be acquired by a district through the issuance of bonds may be submitted as a single proposition or as several propositions to be voted on at the election. (Acts 57th Leg., R.S., Ch. 312, Sec. 19.)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 9075.0061. Elections Regarding Taxes and Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-9075-0061/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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