LIMITATION ON TAX RATE FOR DEBT.

Tex. SPEC. DIST. LOCAL LAWS Code § 8848.151.
in effect
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The district may impose an ad valorem tax at a rate not to exceed 20 cents for each $100 of assessed valuation to pay any part of the bonds or notes issued by the district if a majority of the voters approve: (1) the authority to impose the tax at the confirmation election; or (2) that authority at a separate election called for that purpose by the board. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619 ), Sec. 1.05, eff. April 1, 2011.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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