Measure on the ballot in the 2024 New Mexico General Election in New Mexico.
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Get StartedThe bond measure would issue $19.3 million in bonds to fund the acquisition of public libraries, public school libraries, academic libraries, and tribal libraries throughout the state. A general obligation bond is a public debt and is paid for through state funds, specifically funds from a statewide property tax in New Mexico.
A "For" vote supports authorizing the state to issue $19,305,000 in bonds to fund public libraries.
An "Against" vote opposes authorizing the state to issue $19,305,000 in bonds to fund public libraries.
The 2024 Capital Projects General Obligation Bond Act authorizes the issuance and sale of library acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed nineteen million three hundred five thousand dollars ($19,305,000) to make capital expenditures for academic, public school, tribal and public library resource acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law.
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