TAX TO PAY OBLIGATIONS INCURRED UNDER CONTRACT FOR WATER PURCHASE.
Tex. SPEC. DIST. LOCAL LAWS Code § 8274.152.
in effect(a) If the tax is authorized at an election held for that purpose in the manner provided by Section 49.107 , Water Code, the district may impose a tax and pledge the tax for the payment of all or part of an obligation incurred under a contract to purchase water.
(b) The election may be held in conjunction with an election authorizing tax bonds or authorizing a maintenance tax.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619 ), Sec. 1.04, eff. April 1, 2011.
