Texas Special District Local Laws Code

§ 1029.251 — IMPOSITION OF AD VALOREM TAX

SD § 1029.251Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1029. FOLLETT HOSPITAL DISTRICT · Art. F. TAXES

(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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.