Sec. 1098.251. IMPOSITION OF AD VALOREM TAX. (a) On final approval of the budget, the board shall impose a tax on all property in the district subject to district taxation.
(b) The tax may be used to:
(1) pay the indebtedness assumed or issued by the district;
(2) provide for the maintenance and operation of the district and hospital system;
(3) make improvements and additions to the hospital system; and
(4) acquire necessary sites for the hospital system by purchase, lease, or condemnation.
(c) The district may not impose a tax to pay the principal of or interest on revenue bonds issued by the district.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
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