(a) The board may impose a tax on all property in the district subject to district taxation.(b) The board may impose the tax to:(1) pay the interest on and create a sinking fund for bonds and other obligations issued or assumed by the district for hospital purposes;(2) provide for the operation and maintenance 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 board may not impose a tax to pay the principal of or interest on revenue bonds. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Texas Legal Code