Sec. 1012.251.  IMPOSITION OF AD VALOREM TAXES.  (a)  The board may impose a tax on property in the district subject to district taxation.
(b)  The tax may be used to pay:
(1)  indebtedness issued or assumed by the district; and
(2)  the maintenance and operating expenses of the district.
(c)  The district may not impose a tax to pay the principal of or interest on revenue bonds.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.