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Texas Special District Local Laws Code

§ 1065.251 — IMPOSITION OF AD VALOREM TAX

SD § 1065.251Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1065. MOTLEY COUNTY HOSPITAL DISTRICT · Art. F. TAXES

Statute text

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(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 by the district for hospital purposes; and
(2)provide for the maintenance and operation of the district and hospital system.

Legislative history

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

Source: Texas Special District Local Laws Code § 1065.251 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.