Texas § SD.8054.0201 - BONDS FOR RECREATIONAL FACILITIES
Full text of Texas The Texas Constitution § SD.8054.0201 — BONDS FOR RECREATIONAL FACILITIES, with citation guidance and answers to common questions.
§ SD.8054.0201. BONDS FOR RECREATIONAL FACILITIES
BONDS FOR RECREATIONAL FACILITIES. (a) The limitation on the outstanding principal amount of bonds, notes, and other obligations provided by Section 49.4645 (a), Water Code, does not apply to the district. (b) The outstanding principal amount of bonds, notes, and other obligations issued to finance recreational facilities supported by ad valorem taxes may not exceed: (1) an amount equal to three percent of the value of the taxable property in the district; or (2) if supported by contract taxes under Section 49.108 , Water Code, an amount equal to three percent of the value of the taxable property in the districts making payments under the contract. (c) The amounts described by Subsection (b) are calculated based on the tax rolls of the central appraisal districts at the time of the issuance of the bonds, notes, and other obligations. Added by Acts 2019, 86th Leg., R.S., Ch. 239 (H.B. 1488 ), Sec. 1, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8054.0201
What does The Texas Constitution § SD.8054.0201 cover?
Section SD.8054.0201 ("BONDS FOR RECREATIONAL FACILITIES") 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 § SD.8054.0201?
A common citation format is "The Texas Constitution § SD.8054.0201" (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 § SD.8054.0201 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.