HOUSE BILL REPORT
HB 1813



         As Reported by House Committee On:       
Local Government

Title: An act relating to increasing the maximum term of rural, island, and intercounty rural district general obligation bonds.

Brief Description: Increasing the term of nonvoter approved rural library district general obligation bonds.

Sponsors: Representatives Williams, DeBolt, Hunt and Moeller.

Brief History:

Local Government: 1/30/06 [DP].

Brief Summary of Bill
  • Increases the maximum term of nonvoter approved general obligation bonds issued by a rural county library district, intercounty rural library district, or island library district from six to 20 years.


HOUSE COMMITTEE ON LOCAL GOVERNMENT

Majority Report: Do pass. Signed by 7 members: Representatives Simpson, Chair; Clibborn, Vice Chair; Schindler, Ranking Minority Member; Ahern, Assistant Ranking Minority Member; B. Sullivan, Takko and Woods.

Staff: Ethan Moreno (786-7386).

Background:

Statute provides for the establishment, management, and operation of different categories of library districts, including rural county library districts, intercounty rural library districts, and island library districts. In general, the organization and service areas of these districts is as follows:

Notwithstanding other provisions, cities or towns meeting specified population criteria may be included within a rural county, intercounty rural, or island library district.

Property taxes may be levied by county legislative authorities for the establishment and maintenance of library services, subject to statutory requirements. The legislative body for rural county library districts, intercounty rural library districts, and island library districts is composed of appointed district trustees and is authorized to determine the amount of taxes to be levied for these districts.

Rural county library districts, intercounty rural library districts, or island library districts may contract indebtedness and issue general obligation bonds, subject to statutory requirements and limitations. The maximum term of nonvoter approved general obligation bonds must not exceed six years.


Summary of Bill:

The maximum term of nonvoter approved general obligation bonds issued by a rural county library district, intercounty rural library district, or island library district is increased from six to 20 years.


Appropriation: None.

Fiscal Note: Not requested.

Effective Date: The bill takes effect 90 days after adjournment of session in which bill is passed.

Testimony For: None.

Testimony Against: None.

Persons Testifying: None.

Persons Signed In To Testify But Not Testifying: None.