Texas § GV.2259.034 - PAYMENT SOURCE FOR PUBLIC SECURITIES

Full text of Texas The Texas Constitution § GV.2259.034 — PAYMENT SOURCE FOR PUBLIC SECURITIES, with citation guidance and answers to common questions.

§ GV.2259.034. PAYMENT SOURCE FOR PUBLIC SECURITIES

PAYMENT SOURCE FOR PUBLIC SECURITIES: LOCAL GOVERNMENT. (a) Public securities issued by a local government under this subchapter may be payable from taxes imposed by and revenues of the local government, including: (1) ad valorem, sales and use, and hotel occupancy taxes; (2) revenue derived by the local government from any system or other specified source; or (3) any combination of taxes and revenue. (b) The issuance of public securities by a local government under this subchapter that are payable from ad valorem taxes is subject to the laws applicable to the issuance of public securities by the local government for other purposes, including Chapter 1251 , with respect to the necessity for and conduct of an election. Added by Acts 1999, 76th Leg., ch. 227, Sec. 5, eff. Sept. 1, 1999.

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Frequently Asked Questions About Texas § GV.2259.034

What does The Texas Constitution § GV.2259.034 cover?

Section GV.2259.034 ("PAYMENT SOURCE FOR PUBLIC SECURITIES") 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 § GV.2259.034?

A common citation format is "The Texas Constitution § GV.2259.034" (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 § GV.2259.034 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.