Texas § SD.9064.0503 - BONDS FOR ROAD PROJECTS
Full text of Texas The Texas Constitution § SD.9064.0503 — BONDS FOR ROAD PROJECTS, with citation guidance and answers to common questions.
§ SD.9064.0503. BONDS FOR ROAD PROJECTS
BONDS FOR ROAD PROJECTS. At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district. Added by Acts 2023, 88th Leg., R.S., Ch. 576 (H.B. 5395 ), Sec. 1, eff. June 11, 2023.
Frequently Asked Questions About Texas § SD.9064.0503
What does The Texas Constitution § SD.9064.0503 cover?
Section SD.9064.0503 ("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.9064.0503?
A common citation format is "The Texas Constitution § SD.9064.0503" (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.9064.0503 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.