82nd Texas Legislature, Regular Session, House Bill 2296, Chapter 799 Page: 11 of 32
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H.B. No. 2296
1 may designate reinvestment zones and may grant abatements of a tax
2 or assessment on property in the zones.
3 Sec. 3864.152. DISBURSEMENTS AND TRANSFERS OF MONEY. The
4 board by resolution shall establish the number of directors'
5 signatures and the procedure required for a disbursement or
6 transfer of district money.
7 Sec. 3864.153. MONEY USED FOR IMPROVEMENTS OR SERVICES.
8 The district may acquire, construct, finance, operate, or maintain
9 any improvement or service authorized under this chapter or Chapter
10 375, Local Government Code, using any money available to the
11 district.
12 Sec. 3864.154. PETITION REQUIRED FOR FINANCING SERVICES AND
13 IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a
14 service or improvement project with assessments under this chapter
15 unless a written petition requesting that service or improvement
16 has been filed with the board.
17 (b) A petition filed under Subsection (a) must be signed by
18 the owners of a majority of the assessed value of real property in
19 the district subject to assessment according to the most recent
20 certified tax appraisal roll for the county.
21 Sec. 3864.155. METHOD OF NOTICE FOR HEARING. The district
22 may mail the notice required by Section 375.115(c), Local
23 Government Code, by certified or first class United States mail.
24 The board shall determine the method of notice.
25 Sec. 3864.156. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a)
26 The board by resolution may impose and collect an assessment for any11
27 purpose authorized by this chapter in all or any part of the
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Texas. Legislature. House of Representatives. 82nd Texas Legislature, Regular Session, House Bill 2296, Chapter 799, legislative document, June 17, 2011; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth311239/m1/11/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.