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Texas Business & Commerce Code

§ 671.104 — AD VALOREM TAXES AND BONDS PROHIBITED

BC § 671.104Title 15. CURRENCY AND TRADE · Part B. PORT OF ENTRY AUTHORITIES · Ch. 671. CITY OF LAREDO PORT OF ENTRY AUTHORITY · Art. C. POWERS AND DUTIES

Statute text

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The authority may not:
(1)impose an ad valorem tax; or
(2)issue bonds.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 671.104 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.