(a) Authorization.-- The residents of a municipality may raise a fund equal to or exceeding the gross amount of a three-mill tax on taxable property in the municipality by popular subscription. (b) Acceptance by municipality.-- If the fund raised by popular subscription is offered to the municipality for the purpose of establishing a local library, the municipal officers of the municipality shall accept the fund and use it for the sole purpose of establishing a local library. (c) Limitation on subscribers.-- No more than 2% of the fund raised by popular subscription may be subscribed by one individual or organization. (d) Payment of subscription.-- The subscription may be made payable in four quarterly payments and shall be in a form that is collectible by legal process if necessary. (e) Control of fund.-- Upon receipt of the fund authorized under subsection (a), the municipal officers shall immediately place the fund under the control of a board of library directors appointed under section 9318 (relating to local library governance). (f) Library tax.-- The municipal officers shall levy and collect a tax at the annual rate of not less than one and one-half mills annually on taxable property in the municipality for the purpose of maintaining a library established under the provisions of this section.
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