(a) The board may:
- (1) incur any indebtedness necessary to provide all improvements and the maintenance of those improvements required to achieve the purposes for which any pollution control district is organized;
- (2) impose taxes necessary for the payment of the interest of any bonds issued under this section; and
- (3) create a sinking fund for the payment of bonds issued under this section.
- (b) Taxes imposed under this section are a lien on the property assessed for the payment of the taxes.
- (c) If the majority of the votes in an election held under Section 8513.0805 or 8513.0809 are in favor of authorizing the authority to incur indebtedness for the benefit of a pollution control district, the board may issue bonds for that purpose.
- (d) If the board issues bonds under Subsection (c), the board may impose a tax only on property in the pollution control district to pay the principal of or interest on the bonds.
- (e) If the majority of the votes in an election held under Section 8513.0805 or 8513.0809 are in favor of authorizing the authority to impose an ad valorem tax, the board may impose the tax only on property in the pollution control district.
- (f) Chapters 49 and 51, Water Code, apply to the imposition of a tax or the issuance of bonds under this subchapter.
Added by Acts 2025, 89th Leg., R.S., Ch. 240 (H.B. 2692), Sec. 1, eff. May 29, 2025.