Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-11-16
gur rrhiu naatups 3ur gYarzda Nnuruhrr 1924

OF balances just given il the column
showing the unexpended balances in
the support funds. Notwithstanding a
general increase in the level market
prices during the past year, the board
OF control, by means OF its large pur
chases of supplies in the open market
upon the basis of competitive bids, was
able TO save over $4,000 to the taxpay-
ers of the state. For the entire amount
might have been expended IL the board
had SO chosen.
The treasurer makes large number
Of recommendations for change in the
statutes. A summary Of the most inn
portant ones follows:
An amendment to the statutes gov
erning the remittances Of state taxes
by county treasurers which would re-
quire the bulk Of the county collections
to be paid into the state treasury quar-
terly instead of semi annually in April
and October as at present, so that the
states income would more nearly cor
respond with it's expenditures.
|. The repeal of the discriminating tax
on the gross income OF foreign insur-
ance companies and the restoration of
the former uniform tax of 21s per cent
of their premiums or the imposition of
the same tax on United States compa-
MES now assessed against foreign COM
panies.
Amendments to the statutes taxing
telephone, telegraph and express COM
Ipanies which will provide a penalty for
failure to pay taxes due the state on or
before the date specified by law and
which shall also provide for the COM
pensations of county attorneys in col
llecting any unpaid delinquent taxes.
| An amendment to the statutes gov
lerning officers regularly receiving fees
which must be paid into the state treas
ury which shall require such officers
| to make detailed reports to the treas
urer of state of the fees received and
III paid out by them and due the state at
least quarterly.
Provision for the systematic exam
lination of the accounts of state officers
regularly receiving fees or money due
| the state by accountants or inspectors
appointed by the treasurer of state;
said accountants to make reports which
| shall be placed on file in the treasury
| department.
| An amendment to the statutes and
rules and regulations governing the as
Isessment of the collateral Inheritance
/ tax, whereby discretion and authority
would be given the courts to waive the
iappraisement of an estate when 1t con-
sists of stocks, notes and securities, and
the administrator is willing to charge
himself with the face value thereof
plus interest or earnings.
| The enactment of a definite and uni
| form procedure for appraising life and
| term estates subject to the collateral
| inheritance tax.
| The establishment of uniform fee or
lfees for the compensation of appraisers
| of property subject to the collateral in
Inheritance tax.
The appointment of probate inspect
ors by the treasurer of state, who shall,
1under the latter's direction, investigate
| the county records and report estates
subject to the collateral inheritance tax.
The substitution for the present fees
allowed county attorneys for services in
! the collection of the collateral Inherit
! ance tax of one fee of 5 per cent of the
| tax collected from an estate UP to $3.50.
| And in cases where issues are joined in
a suit in court and argument is made,
the fee to be 10 per cent up to $3.50.
| An amendment to chapter 4, title
lof the code, making it obligatory upon
administrators, executors and trustees
to file copies of their inventories and
final reports of estates liable for the in
heritance tax with the treasurer OF
Estate.
The restriction of the so-called ex-
Iemption of 81 ,OOO allowed in computing
the collateral inheritance tax. exclu-
Isively to the brothers and sisters of a
ldecedent resident in Iowa.
i The establishment of a graduated tax
upon collateral inheritances; the rate
on residents Of Iowa to remain the
same as at present. viz: five (o) pei
lcent: the rate on residents of other
Estates to be seven 90 per cent. and the
rate for foreign heirs receiving an es-
tate to be ten Q0) per cent.