Texas § SD.8130.151 - AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS

Full text of Texas The Texas Constitution § SD.8130.151 — AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS, with citation guidance and answers to common questions.

§ SD.8130.151. AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS

AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS. (a) The district may issue bonds or other obligations as provided by Chapters 49 and 54 , Water Code, to finance the construction, maintenance, or operation of projects under Section 8130.051 . (b) The district may not issue bonds or other obligations secured in whole or in part by ad valorem taxation to finance projects authorized by Section 8130.051 unless the issuance is approved by a vote of a two-thirds majority of the voters of the district or of the defined area to be benefited by the project as provided by Subchapter J , Chapter 54 , Water Code, voting at an election called for that purpose. (c) Bonds or other obligations issued or incurred to finance projects authorized by Section 8130.051 may not exceed one-fourth of the assessed value of the real property in the district or the defined area, as applicable. (d) Sections 49.181 , 49.182 , and 50.107 , Water Code, do not apply to a project undertaken by the district under Section 8130.051 or to bonds issued by the district to finance the project. Added by Acts 2005, 79th Leg., Ch. 456 (S.B. 1864 ), Sec. 1, eff. September 1, 2005. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1128 (H.B. 2590 ), Sec. 18, eff. September 1, 2019.

Frequently Asked Questions About Texas § SD.8130.151

What does The Texas Constitution § SD.8130.151 cover?

Section SD.8130.151 ("AUTHORITY TO ISSUE BONDS FOR ROAD PROJECTS") 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.8130.151?

A common citation format is "The Texas Constitution § SD.8130.151" (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.8130.151 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.