The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-02-07

Collins moved as an amendment % "
I committees amendment, Amend ehagis
.. article 5O49. by striking out ile
where it occurs and substitute shsrsig
$4,000 and striking out 81 and substitutes
therefor 49,"
1 Lane moved as a substitute his bill
provide for an income tax, which 81
| follows:
Amend the bill by inserting ap9'ls
chapter 20 be known as chapter Il %:
to reminder all succeeding chapters, w
chapter III TO read as follows:
Chapter lI.--Income Tax on Net lncenA
Article 5049. There is hereby levied 2
and shall be collected for the purpose
State revenue from every person pih'
company and association OF persons ~
corporations, either private or public ~
eign or domestic, engaged in or cafTsu
on any kind of business in this State
against whom no occupation or groa V
ceipt tax is assessed by the provision
any of the chapters of this Dill, an Aal4
income tax of per cent OF the net ihc0D
OF such persons, firms, companies. =,
Citations and corporations; the sans y. Y
levied and collected as herelnai.M ~
z
Subdivision J. Between the III ua' n.'.
January and June OF each year, pss'- \,
January !, 1892, every tax assessor z "
county in this State and such otnefp '',..
or persons authorized by law ss,,
taxes, shall call upon each OF sun ps.', Y.
and upon any member OF any w s,e,,.
ISOLATION of persons and upon wy s,s s. !,
tary or president OF any cprpois IN N
mentioned in this article, icr ls w, 4
complete statement and taisnps, ~, sas' "a
his business for the yep precsa,'n ns,x:
statement. Such statepent shan ~ lam
I. The amount OF money ana ~ - yslc,
of other property brother ariic'v Ia a..
received by MIN or them OF py saM
poration.' either b. purchase ih ass.s.f
bsauest or gift. and the ysiue .h ~ II, h
,. What moneys have been pa 4,., linz
him or them or by said eorpoisn .'s.s
their last report and for what pull gssSs Il
3. What disposition has neen ~ rs,a.
any property or other articie ~ cor-
received by him or them or ps So
poration since their last report :. slr
4. TIE Tot gain, prcf1t or incoins Il.
or them or such corporauon luz ~ = N,
yeap for which such statement y ,s,fiya
D.. All moneys or other properly Nil Xii b
BY inheritance. hsqrest or gu. I'm nndsi
considered and assessed as lnvoin - liz
the provisions of this bill. ana y, 'ns 4" ssssis
the statement provided for, t'''
shall be so listed. .,s,,mr.
6. The person making sucn ss'snas3ry
shall take and subscribe 20 me lv s,snuIy
cath to-wit: ~ ----' ~ stsis-
swear that the above and foreyo'ss NJ,
ment. inventory and appraiseh'sy,s'
to the best of nv Knowledge ana w. .ss5 ~
I. Such oath may be admil,s y oetsr,
such tax assessor or by any ot's.,it
authorized by law to administer oa'r IN,
, S. ANY such tax assessor receis'ns IA,
statement who may be dissa.isn a his
the same. shall report the paluls ID.
dissatisfaction to the county. c.sss aps
eFs sitting as hoard OF equaii ,sssoojs'nI
such board receiving any sheh - k.rs>i
shall have the right and lneI ~ auty .
empowered aud il Is made ~, AZ m
summon and examine any peis'" II nv
sons in regard to the trut1 q Il ,rr =
set out in the statement pFo'i.lii ,r.i,lt
the foregoing subdivisions oi 4. ia ,c;<
and they are hereby empowers, ,nb ~
all process necessary 10 nefe y, r,nl%
nessts brought before them epv i, fffff
Tor contempf any person vine s - S.,f6 Y.
20 obev any legal order Of say AZ si|>
their investigation CT the t'a'h :,
statements . ne ,fi'<<59
after having bean sseer'ain,a a., - ~ \.
as hersinbetore proyideds ma ,,.s,ors = W
ed by the varic>s tax ep'''s =
state as provided b. ia0 -, ~ y ~
10. The taxes herein leyiea !" %