Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1880-03-13
THE REVENUE BILL.

ol tuo LcSlSlaOuEe,
SECTION 1. BE it enacted by the General
assembly Of TIE State Of Louisiana, That
for the calender year, Ammo Domini 1880,
end for each and every succeeding calen-
dor, there arc hereby levied annual taxes,
amounting i'll the aggregate to SIX mills
on the dollar of the assessed valuation
hereafter to be made OF all property sit
uated within the State of Louisiana,
except such as is expressly exempted
from taxation by the constitution.
SEC. 2. BE it further enacted, etc., That
the property named in article 2O7 of the
constitution, and 10 other. shall be OK
empt from taxation, and snch exempt
ion shall be allowed only under the two
provisos contained in said article; and
| 1t is made the duty of the tax assessors
throughout the State to place upon the
assessment list all property subject to
taxation within their respective districts
or parishes; and if any tax assessor shall,
Intentionally or knowingly, or through
gross negligence, omit any tarabte prop
crty from the assessn emit list, or permit
the same to be omitted, tlcretrom, he
and his snrities in solido shall be liable
on his official bond for the full amount
of the taxes due on the property so omit
ted from the lists, together with IL per
cent per annum interest thereon from the
| maturity of said taxes, 10 per cent at
! torney's fee on the amount of the judg
costs of the suit; Prorided, that the true
intent and meaning of this section is
that all crops, whether growing or
gathered, shall he considered as being at
taclled to the reality while in first hands,
a:,d shall not be taxed while in the pos
session of the producer or his agent.
SEC. ). BE it further enacted. etc., That
all taxes assessed under this act may be
t.paid in any money or currency which at
that time is {: legal tender for private
debts of the same amount, under the
| laws of the United States, but no bonds,
| coupons, warrants or other debt OF the
State of Louisiana, OF other claim
| against the State. shall be received
payment OF compensation of any tax, in
| tereSt or costs.
SEC 4. BE it further enacted, etc., That
| the said annual taxes arc levied for the
! following purposes and the following
proportions, tO-wit:
Iirst-Three mills on the dollar, inter-
est tax, is levied for the purpose of pay
| ing, and shall be used exclusively to pay,
| first, the interest on the consolidated
| bonds of the State Of Louisiana, as fixed
| by the constitution, in the ordinance rel
ative to the state debt, and to pay the
interest on the new Issue of State bonds
to be exchanged for said consolidated
! bonds. under said ordinance: prorided
that three mills shall be collected by the
tax collectors, as follows, only:
Immediately upon the PRONUNCIATION of
this law the Governor shall issue his
proclamation to the holders OF consolld.
nted bonds af thc State OfLOuisiana, call
ing upou them to comply with article
of the debt ordinance of the constitution
of this State, SO that their bonds shall
be sta mpetl or exchanged as therein di-
rccted. On the first day of July of each
wear the Governor shall cause to be made
an addition of all the assessment rolls to
tat Ina tot nf
able property. Upon this total, after de-
Quoting 20 per cent thereof as Hor-pro.
ductlve, he shall calculate what fraction,
if any, of three mill tax thereon will pro-
dnce revenue enough to pay all the au-
nllal interest on said consolidated bonds
as so stamped or exchanged under his
aforesaid proclamation up to that date,
and leaving ont of the calculation all
bonds hot SO stamped or exchanged.
Thereupon he shall issue his proclama
ton to the tax collectors, requiring them
to collect the whole of said three mills,
if ncccssal y in his opinion to the pay
ment Of said interest, Or such fraction
thereof as he may calculate to be neccs-
sary thereto, setting forth the amount of
said interest, it being the true intent
hereof shat the Governor shall not author
izc the collection OF more than is abso-
lutely necessary TO sad purpose, and
shall especially guard against any sur
plus that might remain rs Il sinking
fund.
Secon0-One mill on the dollar, levce
tax, is levied for the purpose of main
tanning and repairing levees, and shall
be applied exclusively to the maintcn-
ance and repairs Of lcvces.
77ard-One mill on tho dollar, public
education tax, is levied for the purposes
following to-wit: First-To oay the i'll
tcrcst on the tree school fund, under the
first clause Of article ;233 Of the constitu
ton. SecOnd-TO pay the interest OF
the seminary fund, under the second
clause of said article of the constitution.
Third--To pay the interest Oh the Ayri
cultural and Mechanical College fund, I'M
der the third clause of said article OF the
constitution. Fourth-To pay the sum Of
SO, 600 annually for tie maintenance and
support of the State University of Louis
lana, and all the departments thereof,
under the second clause of article 23O of
! the constitution. Fifth-To pay the sum
of so, 600 annually for the maintenance
and support ct the Louisiana State Uni
vcrsity aud Agricultural and Mechanical
College, under the third clause OF said
article of the constitution. SiXth-TO
pay the sum Of $4,000 annually for the
establishment, maintenance and support
of a university for the cdueatiun of per-
sons of color, and for providing for its
proper government under the fourth
clause of said article of the constitution
! Aud the seventh remainder Of said 'pub-
lie education tax" shall be applied to
| the establishment, maintenance and sup
port OF "tree public schools throughout
the State, under articles 224 and 22S,
| both inclusive of the constitution.
| FOurth-One mill on the dollar, gener-
nj fund tax, is levied for the following
purposes, to-wit: First--To carry Oh
| and maintain the government IF the
State, and the public institutions there
Of Second TO suppress iusurrection,