The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1886-02-26

1
T'he SsaiAssida gives tie following syn
opsis Of the tax bin which has been prepar
cd by the tax commission and reported tc
the Governor
First tho bill provides for the County
Court to set the county off into assessment
districts, and that the County Assessor shall
by and with the consent Of the County
Court, appoint the district assessors. The
county assessor shall assess the district IN
which he resides, and shall exercise general
supervision over the district assessors. II
makes the County Treasurer the tax col
lector, and the Sheriff only handles the dc.
linquent tax roll.
II places the road taxes at 1 y mills TO be
collected the same as other taxes and
road supervisors receipts for road work will
be received In payment OF road taxes same
as money. The school tax Is also to be
collected with the general tax, and when a
district votes special tax, Il Is to be certi-
fed to the County Clerk, who will add Il
under a special column, to the assessment
roll and the tax collector will keep special
account with the school district
All property Is to be assessed at Its clear
value in money. Provision is made for OBJ
tanning necessary plats from Y. S. land Of
fee and State land departments, for purpose
of showing all lands that are taxable in the
county, with the precise description for
identification. After these maps have been
obtained, It Is made the duty of the County
Clerk to place them on the assessment roll,
together with the names OF the parties liable
to pay the tax. The assessor has then only
to ell In the value, and list the personal
property. Personal property Is divided into
about forty classes 70 be separately itemized
and valued, instead of assessing II in gross
as heretofore.
The mortgage tax law Is left virtually
unchanged except in cases where il has been
claimed that inequality exists and remedy
provided for there
The time for redeeming real property
sold for taxes, Is extended to three and five
years, under conditions.
1t provides for thorough taxation of all
banks, at the actual value of their stock
All insurance companies (not home cor
porations) will be assessed ) per cent on
gross receipts, Telephone, express, bridge,
electrict light, and such corporations are
also TO be assessed 3 per cent on gross re.
eeipts. Telegraph companies will be as
sessed 81 per mile on single wires. Rail.
road companies per cent or such other
rate as the legislature may fix ON their gross
receip,s,
Credits included all claims for money or
value by one against another, and dedue-
TOPS from assessment Is TO be taken from
credits alone, and not from the general val
uation Of property.
AL property viii be assessed and valued
on the first day OF April. The assessor Is
allowed from April first, till the second
Monday in june to file correct assessment
roll. Taxes are due and payable October
rst and delinquent ON the Ist day of Janu-
ary following,
The county board of equalization will
consist of the County Court, and viii sit on
the first Monday in July. Distinct rules
are prescribed for It's government a state
board OF equalization Is created to consist
of one member to be elected from each iu-
diciaI district. It's duties viii be equal the
assessment Of property between counties.
1t viii sit for twenty days in August. The
governor will appoint the first board II the
bill passes.