Special District Local Laws Code § 8010.151 — United States — Texas law | Esheria

Special District Local Laws Code § 8010.151

The district may issue some bonds without an election, but must get voter approval for ad valorem-tax-backed taxes or bonds, and cannot issue road-project bonds payable from ad valorem taxes unless two-thirds of voting district voters approve. Before issuing bonds, the district must also sign the specified land-transfe

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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debt issuance local taxation public finance

Statute overview

About this statute

The district may issue some bonds without an election, but must get voter approval for ad valorem-tax-backed taxes or bonds, and cannot issue road-project bonds payable from ad valorem taxes unless two-thirds of voting district voters approve. Before issuing bonds, the district must also sign the specified land-transfer agreement.

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