Texas Transportation Code

§ 365.037 — COUNTY AD VALOREM TAX

TN § 365.037Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 365. ROAD DISTRICT TOLL ROADS · Art. C. FINANCIAL PROVISIONS

Statute text

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(a)A county may impose an ad valorem tax under Section 9, Article VIII, or Section 52, Article III, of the Texas Constitution, and contract to pay and pledge taxes in support of its obligation to a district and the district's bondholders.

(b)The tax proceeds shall be used annually to the extent required and for the payments provided by the county's contract with the district.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.