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Bond Question 2: Library Acquisition Bonds ($19.3 Million)

Unofficial result: Passed

Source: electionresults.sos.nm.gov

New Mexico
My vote power: Above average

What does this measure do?

Supports: Public Education Quality

Lets the state borrow about $19.3 million to buy books and materials for public, school, college, and tribal libraries. Property owners statewide repay it with interest through the state property tax.

Read the official ballot measure (PDF)

Proposed by: New Mexico Legislature (House Bill 248, Rep. Derrick Lente)

Rep. Lente is a Democrat from House District 65. The borrowing bill passed the House 65-0 and the Senate 38-0. Voters decide it as three questions.

Source: nmlegis.gov

A YES vote means

The state issues about $19.3 million in bonds for library materials, repaid by a statewide property tax.

A NO vote means

No bonds are issued; libraries rely on their regular budgets for materials.

Sources: ballotpedia.org · yahoo.com · news.ballotpedia.org