SUBCHAPTER D.  GENERAL FINANCIAL PROVISIONS

Sec. 8146.151.  ELECTIONS REGARDING TAXES OR BONDS.  (a)  Except as provided by Section 8146.201(c), the district may issue, without an election, bonds and other obligations secured by revenue or contract payments from any lawful source other than ad valorem taxation.
(b)  The district must hold an election in the manner provided by Chapters 49 and 54, Water Code, to obtain voter approval before the district may impose a maintenance tax or issue bonds payable from ad valorem taxes.
Added by Acts 2005, 79th Leg., Ch. 436 (S.B. 1804), Sec. 1, eff. June 17, 2005.