The district may not impose an ad valorem tax at a rate that exceeds five cents on each $100 valuation of taxable property in the district. Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.03, eff. April 1, 2013.
Texas Legal Code
The district may not impose an ad valorem tax at a rate that exceeds five cents on each $100 valuation of taxable property in the district. Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.03, eff. April 1, 2013.