- (a) The board shall impose on all property subject to district taxation, for the benefit of the district, a tax at a rate not to exceed 75 cents on each $100 assessed value of the property according to the most recent certified appraisal roll of the district.
(b) The board shall impose the tax to:
- (1) meet the requirements of the district's bonds;
- (2) provide for the district's maintenance and operating expenses;
- (3) make improvements and additions to the district's hospitals or hospital system; and
- (4) acquire necessary sites for hospitals or the hospital system by gift, purchase, lease, or condemnation.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.