Texas Special District Local Laws Code
§ 1042.251 — IMPOSITION OF AD VALOREM TAX
SD § 1042.251Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1042. HOOD COUNTY HOSPITAL DISTRICT OF HOOD COUNTY, TEXAS · Art. F. TAXES
Statute text
View on source(a)The board shall impose a tax on all property in the district subject to district taxation.
(b)The tax may be used only to:
(1)pay the interest on and create a sinking fund for bonds issued under this chapter;
(2)provide for the operation and maintenance of the district and hospital system;
(3)make improvements and additions to the hospital system; and
(4)acquire sites for additions to the hospital system.
Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.