Tex. Spec. Dist. Local Laws Code Section 3948.201
Elections Regarding Taxes and Bonds

(a)

The district may issue, without an election, bonds, notes, and other obligations secured by:

(1)

revenue other than ad valorem taxes; or

(2)

contract payments described by Section 3948.203 (Contract Taxes).

(b)

The district must hold an election in the manner provided by Subchapter L (Time of Election), Chapter 375 (Municipal Management Districts in General), Local Government Code, to obtain voter approval before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes.

(c)

Section 375.243 (Petition Required for Bond Election), Local Government Code, does not apply to the district.

(d)

All or any part of any facilities or improvements that may be acquired by a district by the issuance of its bonds may be submitted as a single proposition or as several propositions to be voted on at the election.
Added by Acts 2017, 85th Leg., R.S., Ch. 445 (S.B. 320), Sec. 1, eff. June 9, 2017.

Source: Section 3948.201 — Elections Regarding Taxes and Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3948.­htm#3948.­201 (accessed May 18, 2024).

3948.001
Definitions 3948.002
Nature of District 3948.003
Purpose 3948.004
Findings of Benefit and Public Purpose 3948.005
Initial District Territory 3948.006
Eligibility for Inclusion in Special Zones 3948.007
Applicability of Municipal Management Districts Law 3948.008
Construction of Chapter 3948.051
Governing Body 3948.052
Appointment of Voting Directors 3948.053
Nonvoting Directors 3948.054
Quorum 3948.055
Compensation 3948.101
General Powers and Duties 3948.102
Improvement Projects and Services 3948.103
Development Corporation Powers 3948.104
Nonprofit Corporation 3948.105
Agreements 3948.106
Law Enforcement Services 3948.107
Membership in Charitable Organizations 3948.108
Economic Development 3948.109
Parking Facilities 3948.110
Road District Powers 3948.111
Road Standards and Requirements 3948.112
No Toll Roads 3948.113
Navigation District Powers 3948.114
Rail Facilities 3948.115
Rural Public Transportation Powers 3948.116
Annexation or Exclusion of Land 3948.117
No Eminent Domain Power 3948.151
Disbursements and Transfers of Money 3948.152
Money Used for Improvements or Services 3948.153
Petition Required for Financing Services and Improvements with Assessments 3948.154
Assessments 3948.155
Residential Property Not Exempt 3948.156
Competitive Bidding 3948.157
Tax and Assessment Abatements 3948.201
Elections Regarding Taxes and Bonds 3948.202
Operation and Maintenance Tax 3948.203
Contract Taxes 3948.204
Authority to Borrow Money and to Issue Bonds and Other Obligations 3948.205
Taxes for Bonds 3948.206
Bonds for Road Projects 3948.251
Authority to Establish Defined Areas or Designated Property 3948.252
Procedure for Election 3948.253
Declaring Result and Issuing Order 3948.254
Taxes for Services, Improvements, and Facilities in Defined Areas or Designated Property 3948.255
Issuance of Bonds for Defined Area or Designated Property
Green check means up to date. Up to date

Accessed:
May 18, 2024

§ 3948.201’s source at texas​.gov