Sec. 3831.201. IMPOSITION OF AD VALOREM TAX. If authorized at an election held under Section 3831.255, the district by order:
(1) may impose an annual ad valorem tax on taxable property in the district to pay for projects or district operating expenses; and
(2) shall impose an ad valorem tax to pay for obligations that are payable wholly or partly from ad valorem taxes.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 507 (S.B. 1033), Sec. 8, eff. June 19, 2009.