The board 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 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.05, eff. April 1, 2015.
Texas Legal Code
The board 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 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.05, eff. April 1, 2015.