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Senate Bill 1205 |
Senate Author: Madla |
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Effective: 6-17-05 |
House Sponsor: Menendez |
Senate Bill 1205 amends the Local Government Code to provide for the creation, administration, powers, duties, operation, and financing of multi-jurisdictional library districts. With voter approval, such a district would be authorized to impose a sales and use tax, a property tax, or both, to establish, equip, operate, and maintain one or more libraries in the district, or to use as collateral for borrowing money for district purposes. With the consent of the governmental entity that proposed the district's creation, the district also would be authorized to issue bonds or other obligations to acquire, construct, equip, or improve district facilities.