Texas § ED.49.259 - TAXES OF COMPONENT DISTRICTS
Full text of Texas The Texas Constitution § ED.49.259 — TAXES OF COMPONENT DISTRICTS, with citation guidance and answers to common questions.
§ ED.49.259. TAXES OF COMPONENT DISTRICTS
TAXES OF COMPONENT DISTRICTS. (a) The governing board of a component school district of a consolidated taxing district that has consolidated for maintenance and operation purposes only may issue bonds and levy, pledge, and collect ad valorem taxes within that component district sufficient to pay the principal of and interest on those bonds as provided by Chapter 45 . (b) A component district levying an ad valorem tax under this section or Section 49.260 (b)(1) is entitled to the guaranteed yield provided by Subchapter E , Chapter 48 , for that portion of its tax rate that, when added to the maintenance tax levied by the consolidated taxing unit, does not exceed the limitation provided by Section 48.203 . Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Transferred, redesignated and amended from Education Code, Subchapter F, Chapter 41 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3 ), Sec. 1.058, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ED.49.259
What does The Texas Constitution § ED.49.259 cover?
Section ED.49.259 ("TAXES OF COMPONENT DISTRICTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.49.259?
A common citation format is "The Texas Constitution § ED.49.259" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.49.259 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.