- (a) The board shall impose a tax on all property in the district subject to district taxation.
(b) The board shall impose the tax to:
- (1) pay the interest on and create a sinking fund for bonds or other obligations issued or assumed by the district for hospital purposes;
- (2) provide for the operation and maintenance of the district and hospital system;
- (3) make improvements and additions to the hospital system; and
- (4) acquire necessary sites for the hospital system by purchase, lease, or condemnation.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.