Transportation Code › Title 5 › Chapter 172 › Subchapter F

Texas Transportation Code § 172.255

Applicability of Public Property Financing Law; Prohibition on Ad Valorem Tax

Rural Rail Transportation Districts · Financial Provisions

A district may use the procedures provided by Chapter 271, Local Government Code, to finance the district's rail facilities, except to the extent of a conflict with this chapter, and except that the district may not impose an ad valorem tax.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.