The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-12-18

TRENTON, Dec. IS, 7S96.1The special
committee representing various boards of
trade throughout the State for the pur-
pose of considering the question of equal
izing taxes. has formulated its findings
into the following, which they have for
warded to the State Board Of Taxation
TRENTON, N. J., Nov. q.
| To the State Board Of Taxation:-
Proposed amendments to the existing
law for She equalization and collection
1. Extend powers to the State Board Of
| Taxation as follows
.. Make all assessors of the State re-
movable by the State Board of Taxation
for cause after trial by Board. Decision
OF Board may be appealed from to Cir
cult Court OF county. Any taxpaye or
the State Board against the assessor or
assessors of his district In writing. If.
in b opinion Of the State Board, the
Esaid Board may dismiss them without
calling on the accused assessor for an
answer.
8. Repeal provisions of all local char
ters that now permit exceptions to the
general tax laws OF the State. Assess
ments In all the taxing districts may be
| raised or reduced by the State Board Of
Taxation. Tn State Board may also
make general regulations for the guild
ance OF the assessors of the various dis
tricts in the discharge of their duties.
4 Assessments to be made before Au-
gust ! each year. Assessment notices to
be sent out to all parties, the amount Of
whose assessment has been changed from
be advertised one time In the official
pap of the taxing district Where no
official ape exists in said district the
assessment list to be advertised In paper
published nearest to and circulating in
said taxing district. Full returns to be
made to State Board on or before Sep
TENDER Is. Board of appeal to meet dur
ing the first two weeks in September and
designate. Faxes payable any time after
Oc1oper i Penalties to run on all taxes
unpaid after January /.
%. All local electors hall be assessed
81 as poll tax; Special law to provide
methods of collection of said tax.
6. All male h~ousehoiders to be assessed
81 per year as school tax; to be collected
by the tax collector of each district.
~ Personal property, such as house
hold goods, stocks, merchandise. etc
hail be assessed at assessors valuation.
g.. Stocks and bonds of corporations
shall be assessed at their true market
value: Said market value to be ascer-
tanned as hereinafter directed. Ali such
stock and bonds to be assessed at home
office OF such corporation when in this
State and against individual holders. re-
siding. in this State, of stocks and bonds
OF a foreign corporation. Each assessor
district to make a statement on oath as
to his holdings of personal property.
y. All machinery IN q mill or factory
or used on a farm shall be exempt from
10 Real estate shall be assessed ac-
cording to Its true value, in the manner
ana according to the rules prescribed by
the state Board of Taxation
II. In assessing real estate each as
SCISSOR snail state separately the fun value
OF the land and the full value of ali i'm
proyements thereon. From the aggregate
sum FORMED by the addition Of these two
lIGH12 No shall In -
remainder shall be deemed the assessabie
value OF the property. In all cases such
description OF the property by lot and
Diock numbers, or ward and township.
maze so as to fully identify the same
shall be given on each tax bin.
u The assessable value of uuimproved
anu yacant and non-productive city or
suburban property shall be assessed 20
per cent. of its market value.
~ Property laid out in buildjn1 lois
with streets opened thereon. and held for
Saie as building lots, shall be assessed nv
lots and not by acres.
III =. 6oards Of appeal shah be created in
AZ taxing districts of the State where
none now exist. Each board shall no corr
posed OF three male freeholders and tav.
payers and residents in said district on1v
n"iitto "a Wnom snail belong to the same
ieast once each year to hear ana adiust
Appeals, at such times as the STATE Rosr5
OF taxation shall ~esignate. Notica ~
sara appear days to be printed on assess
tn ne s nollces and advertised in at least
10. Until otherwise fixed by law. tba nav
= nieinpers or said Board h be hxed
py the State Board of Taxation. ana SHAH
pc paid by the County Collector.
10. taxpayers may appeal to local Board
AGAINST assessments on neighboring pro-
perry In same district as being assessed
TOO low. If the Board of Appeals Be safis-
he'd OF the justice of such comnlaint thew
may order the assessor To increase 4baa
Sessment. -
II. exemption to members of volunteer
not exceeding 5000. ~
ine Trade Organizations of New JERSEY.
JOSEPH A. DEAR.
FRANKLIN DYE,
Gee. w. JESSUP,
- Committee.
the special report Of the -sub-commiftee
on railroad taxation. This report was
printed in full in 1.-THE News, Of Decen,-
per 4, and stated that the. COMMITTEES
deemed 1t unwise that any fresh burdens
pc aid upon the railroad properties of the
state until all equitable efforts have been
exhausted in every direction towards
equal assessment of property.
Iherc is also a printed copy of the bill
winch was printed On December 4 in these
columns and which it is proposed to have
e.ac1eu INTO q lew OF the coming session
OF the Legislature. This proposed enact
ment is In the form of a Supplement- 10
the act regulating elections.
IN addition to submitting these matters
to the State Board of Taxation. COPIES of
all Of them have been sent to every Board
Of trade IA the state with a request that
they be discussed by the Boards and the
action taken be reported to the special
committee.
-L4 mn