Sec. 5010.0407. AD VALOREM TAX FOR MAINTENANCE AND OPERATIONS. The district may impose an annual ad valorem tax at a rate not to exceed 10 cents on each $100 valuation of taxable property in the district for the maintenance, operation, and upkeep of the district and the port facilities, properties, and improvements constructed by the district.
Added by Acts 2019, 86th Leg., R.S., Ch. 495 (H.B. 4666), Sec. 1, eff. September 1, 2019.
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