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§ 3849.162 — Texas Law | CourtGPT
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  3. Texas/
  4. Special District Local Laws Code/
  5. Title 4 - Development and Improvement/
  6. Subtitle C - Development, Improvement, and Management/
  7. Chapter 3849 - International Management Districtsub/
  8. Subchapter D - Financial Provisions/
  9. § 3849.162
Texas Legal Code

§ 3849.162

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(a) The district shall hold an election in the manner provided by Subchapter L, Chapter 375, Local Government Code, to obtain voter approval before the district imposes an ad valorem tax or issues bonds payable from ad valorem taxes. The proposition for an election approving an ad valorem tax must specify the maximum tax rate authorized.(b) The board may submit multiple purposes in a single proposition at an election.(c) Section 375.243, Local Government Code, does not apply to the district. Added by Acts 2007, 80th Leg., R.S., Ch. 949 (H.B. 4004), Sec. 1, eff. June 15, 2007.