Tenth Report of the Board of State Tax Commissioners and State Board of Assessors: 1917-1918 (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Tenth Report of the Board of State Tax Commissioners and State Board of Assessors: 1917-1918

Sec. 2. The Legislature shall provide by law for an annual tax sufficient with other resources to pay the estimated expenses of the State government, the interest on any State debt and such deficiency as may occur in the resources.

Sec. 3. The Legislature shall provide by law a uniform rule Of taxation, except on property paying specific taxes, and taxes shall be levied on such property as shall be prescribed by law Provided, that the Legislature shall provide by law a uniform rule of taxation for such property as shall be assessed by a State Board of Assessors, and the rate of taxation on such property shall be the rate which the State Board Of Assessors shall ascertain and determine is the average rate levied upon other property upon which ad valorem taxes are assessed for state, county, township, school and municipal purposes.

Sec. 4. The Legislature may impose by law specific taxes, which shall be uniform upon the classes upon which they Operate.

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