Section 8838.153. Limitation on Taxes

TX Spec Dist Code § 8838.153 (2019) (N/A)
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Sec. 8838.153. LIMITATION ON TAXES. The district may not impose an ad valorem tax for administrative, operation, or maintenance expenses that exceeds the lesser of:

(1) the rate approved by the majority of the voters voting in the election authorizing the tax; or

(2) three cents per $100 of assessed valuation.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.03, eff. April 1, 2013.