Tex. Transportation Code § 441.180
This is the official text of Tex. Transportation Code § 441.180, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 441.180. MANNER OF REPAYMENT.
Official statutory text
(a) The board may provide for the payment of the principal of and interest on the bonds by one or more of the following methods:
(1) imposition and collection of ad valorem taxes;
(2) adoption of a plan of taxation authorized by Sections 51.502-51.506, Water Code, as provided by those sections; or
(3) pledging all or part of the fees under Section 441.197.
(b) In this chapter, a reference to ad valorem taxes includes a reference to any other tax the board imposes as provided by this chapter.
(1) imposition and collection of ad valorem taxes;
(2) adoption of a plan of taxation authorized by Sections 51.502-51.506, Water Code, as provided by those sections; or
(3) pledging all or part of the fees under Section 441.197.
(b) In this chapter, a reference to ad valorem taxes includes a reference to any other tax the board imposes as provided by this chapter.
Status: in_force · Read it on the official government site
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