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is also imposed an additional tax for state purposes of twenty-five mills on the dollar of the assessed value on the rolling stock of non-resident firms, partnerships, corporations and associations having no domicile in the state and operated over any railroad in the state within or during any year for which such tax is levied. Assessment of such property is to be made by the state tax commission. The second law authorizes a municipal corporation to levy taxes for all local purposes at not to exceed seven mills on the dollar of assessed valuation. Municipalities which are exempt from parish taxes by law or by charter or which maintain their own public schools may levy not to exceed ten mills. Such levies are in excess of the levies made in pursuance of special elections.
Massachusetts enacts a measure which provides for the taxation of structures erected on land in state forests by persons occupying such land under authority conferred by the commissioner of conservation. This state also requires that the lands and buildings owned by the city of Boston, when listed for business purposes, may be taxed and the taxes assessed to the lessee or their assignees. Payment of such taxes shall be enforced by the sale of the interests of lessees or their assigns.
Massachusetts also provides that taxes uncollected after three years may be abated upon the written authorization of the tax commissioner to the assessors. Application for abatement of illegally assessed taxes shall be made within two years after the date of the bill for such taxes, and the state may postpone repayment of such taxes or repay by installments in order to equalize the burden of repayment.
Massachusetts amends its inheritance tax law by providing that the state treasurer may include bonds of the Commonwealth of Massachusetts or of the United States as security for the payment of certain taxes by fiduciaries and others. The income, inheritance, and corporation tax laws are amended so as to provide that any of such taxes which are unpaid and uncollectible may be abated by the board of appeal on the recommendation of the attorney general and the tax commissioner at any time after the expiration of five years from the date when the same became payable.
Mississippi increases its privilege taxes on the manufacturers of soft drinks, brokers and stock salesmen, amusement parks, sixwheel log wagons and warehouses; and also amends the law relating to privilege taxes on motor vehicles which provide that onehalf of such taxes shall be paid to the state and one-half to the county for the use of the highways. Formerly all such taxes were paid to the state.
New Jersey, in a new measure, provides for a rebate in taxation to any taxing district in any county of the first class in which is located any state or county institution occupying 200 acres or more of land. The amount of the rebate shall be equal to one-half of the county tax rate applied to the entire amount of rateables remaining subject to taxation. The county board of taxation shall prescribe the rule as to how such rebates shall be paid or credited to the collector of such taxing district by the county collector and how a proportionate part of such rebate shall be returned or credited to each taxpayer.
A new law is enacted by New Jersey which makes provision for the preservation of sheep, lambs, domestic animals and poultry by laying an annual tax of one dollar on one dog above the age of six months, kept by any person, and two dollars on each additional dog. In addition to this tax there may be annually levied, when legally ordered, a further dog tax to be assessed and collected as other annual taxes. Local assessors are required when making the annual assessment to list the number of dogs owned or harbored. The law applies to all the taxing districts of the state except those which, by municipal ordinance, regulate the running at large of dogs. The tax collected is to be apportioned in the annual budget in the local taxing district to care for losses caused by dogs to all domestic animals except cats.
New Jersey makes provision for municipalities in which taxes on second class railroad property were levied at the tax rate used for the 1919 assessment instead of 1920, and which because of that fact suffered a deficit in the municipal revenues. Such municipalities may by proper ordinance provide for a bond issue to care for such deficit. The same procedure is authorized where any municipality failed to levy and collect taxes for the year 1920 on property belonging to the government of the United States bordering on navigable waters.
New York amends the income tax law relating to distribution of such tax by providing that the town board may direct the town supervisor to retain all income tax moneys allotted to the town to be credited to general town purposes. In which case the one-third of total income tax moneys allotted to the town shall not be distributed to the school districts.
The general tax law in relation to notice of grievance days to non-residents is amended by New York so as to require that such notice shall include the time and place at which the board of assessors will meet for the purpose of hearing complaints in relation thereto. New York also amends the stock transfer tax law by requiring such a tax upon certificates of rights to stock or certificates of deposit representing certificates taxable under the law or certificates of interest in business conducted by a trustee. A further provision requires the attorney general, at the instance of the tax commission, to enforce action for the recovery of such tax with penalties. It is also provided that the civil practice act relative to statute of limitations shall not apply to any proceedings for the collection of the tax.
North Carolina enacts a new law which provides for the repayment of taxes illegally collected in excess of the amount due and paid into the state treasury. A demand for the correction of any error in the payment of taxes shall be made within two years from time paid. Law is made retroactive covering a period of
Rhode Island amends its revenue law by changing the fiscal year from the calendar year to the year ending November 30, and also changes the date for the collection of the state tax to April and October, formerly June and December. Provision is also made for the levy of a tax in addition to other state taxes of three cents on each $100 of assessed valuation, such tax to be used for highway purposes.
Virginia makes a substantial reduction in the tax rate upon bonds, notes and other evidences of debt from eighty cents state rate to thirty-five cents state rate; and from thirty cents local rate to twenty cents local rate; and at the same time takes away the right of deduction of debts upon the assessed value of this class of property.
DELEGATE FROM New York: In relation to the exemption of buildings in New York, it might be well to say that it is not "buildings", but "buildings for dwelling purposes". That point has been raised by some of the auditors here. It means only building for dwelling purposes. I anticipate he said that. It has been misunderstood and I wanted to call your attention to it.
CHAIRMAN NOLAN: There are no further duties for the chairman of the conference, so I turn the meeting over to the permanent chairman.
CHAIRMAN LORD: I want to announce at this time the apointment of Mr. Douglas Sutherland of Illinois as chairman of the committee on resolutions, and to remind you again that each state, province and the District of Columbia is entitled to one member each on that committee, and it will be up to each state to make its selection and report to the chairman of that committee, Mr. Sutherland. I hope you will do this as soon as possible, because that committee has a good deal of work to do, and it will be necessary for them to begin their labors in a very short time.
The secretary spoke of the luncheon to which the ladies are invited at the New England furniture store tomorrow noon. I want to assure them that I know something about the hospitality of the owner of the New England furniture company, and I know it will be a real treat, and I hope the ladies will all accept the invitation. I know Mr. Harris will be delighted to have you come, and you will receive the most cordial welcome and everything that goes with it.
The other committees that are provided for in the rules I will announce in the morning. We will convene tomorrow morning in accordance with our custom, at 9:30. Let us make it 9:30 sharp. Immediately after adjournment tonight, which is near at hand, I should like to have the members of the executive committee of the national tax association, who are present, come forward for a short session. I think with these announcements, we may announce the adjournment of the conference until tomorrow morning at 9:30.
TUESDAY MORNING, SEPTEMBER 19, 1922
CHAIRMAN Lord: The conference will please be in order. It is somewhat past the hour that was announced last night, and we must proceed rapidly if we are going to get through with our program this morning. The secretary wishes to make one or two announcements, and I think they might well be made at this time.
SECRETARY HOLCOMB: The committee on local arrangements has very kindly made out some envelopes addressed to those persons who had sent in their names to the hotel, and those envelopes contain three cards, in most cases. They have very kindly extended the privileges of the Minneapolis Club to all members present, not from Minnesota. Another card is the Interlachen Country Club, and then this card giving the Washburn Crosby Company's mills trip. Those cards are at the desk, and it would be desirable for those who have not received these cards to apply for them.
Our usual photograph, which is quite an important matter and somewhat difficult to arrange, will be taken at the close of this session, 12:30, at the Third Avenue entrance. It is a matter of considerable difficulty to arrange this unless every one co-operates readily and promptly, so if you will try to help and bring this matter off promptly it will be a great advantage.
The members of the committee on resolutions should be handed in, and perhaps it would be just as well, if you cannot find the chairman, to hand in the names to me. I have the names of eight or ten states already, but those states that have not indicated their selection ought to do so very promptly, and perhaps we can find the time, Mr. Chairman, to call the roll.
CHAIRMAN Lord: If the names are not handed in before the opening of the afternoon session, we will call the roll at that time.
EDWARD P. Doyle of New York: Mr. Chairman, before you proceed to the speeches and formal things, I should like to know when I may offer a resolution.
CHAIRMAN Lord: You may offer it now and the resolution will be referred to the committee on resolutions without debate. (The resolution was thereupon read by Mr. Doyle)