Douglas County authorized to impose a local sales tax to fund a new library.
The bill allows Douglas County to impose a local sales tax of up to one-quarter of one percent. The tax revenue will cover the costs of collecting and administering the tax and finance up to $18.5 million for a new library, including associated bonding costs. The tax can be used to pay for the bonds until the county board determines the tax revenue is sufficient. The tax is in addition to any other local sales and use taxes. The tax can be terminated earlier by the county.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.