MN HF3847

Douglas County may impose a local sales and use tax of up to 0.25% (one-quarter of one percent) if approved by voters at an election

Tax revenues must fund construction of a new library, with project costs capped at $18,500,000 plus associated bonding costs

The county may issue bonds up to $18,500,000 plus issuance costs, which are exempt from county debt limitations and do not require a separate bond election

Tax expires at the earlier of 10 years after first imposed or when sufficient revenue has been collected to cover project and bond costs

Effective the day after Douglas County's governing body and chief clerical officer comply with statutory requirements