This subchapter does not authorize a municipality to:(1) impose or collect a tax or assessment or pledge the credit of this state; or(2) issue, sell, or deliver a bond, create an obligation, incur a liability, or enter an agreement to be paid, performed, met, or discharged using any tax or assessment. Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.
Texas Legal Code