Sec. 1041.251.  IMPOSITION OF AD VALOREM TAX.  (a)  On final approval of the annual budget, the board shall impose a tax on all property in the district subject to district taxation.
(b)  The board shall impose the tax to:
(1)  pay the interest on and create a sinking fund for bonds issued or assumed by the district for hospital purposes;
(2)  provide for operation and maintenance of the hospital system;
(3)  make improvements and additions to the hospital system; and
(4)  acquire necessary sites by purchase, lease, or condemnation.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.