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Texas Special District Local Laws Code

§ 21.452 — AMOUNT OF TAX

SD § 21.452Title 2. ENVIRONMENT AND SANITATION · Part A. SOLID WASTE MANAGEMENT · Ch. 21. UPPER SABINE VALLEY SOLID WASTE MANAGEMENT DISTRICT · Art. J. TAXES

Statute text

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(a)The amount of tax imposed by the board must be in an amount necessary to pay:
(1)the principal of and interest on district bonds; and
(2)the expense of assessing and collecting taxes.
(b)The district may impose a maintenance and operating tax in an amount not to exceed three cents on each $100 of assessed valuation of property in the district to pay the district's maintenance and operating expenses.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 21.452 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.