The Leon reporter. (Leon, Iowa) 1887-1930, 1902-02-13
RAILWAY ASSESSMENT.
cUMMINs' PLAN is PROPOSED in
A NEW BILL
Presented in the House by English
and in the Senate by Smith.

and in the Senate by Smith.
Des Moines, Feb. IA bill designed
to add to the present railway assess
ment law has been introduced in the
house by English of Polk and in the
senate by Senator Smith. 1t is bill
embodying ideas of the governor for
reforms in railroad assessment laws,
as pointed out in his inaugural ad-
dress. 1t is understood this bill is the
predecessor of another that will come
later, providing for more radical
changes in the railroad assessment
law, whereby the council will be re-
quired to pay less attention to gross
earnings and to take into considera-
ton other data, including the market
value OF stocks and bonds.
The bill follows:
A bill for an act relating to reports to be
made by railway companies to the execu..
railway. property for taxation, and pro-
yiding for uniform system In making the
said reports 55al
Be 1t enacted by the general assembly of
the state of Iowa:
Section l. That for the purpose of maks
ing reports to the executive council, the
ing or operating Il line or lines of railway
partly within this state, and partly within
or territories, upon thc.s line or lines with
in this state, shall be ascertained and rel
ported by said railway companies as fol-r
81; Business originating and terminating(
within this state shall be separately report. I
ed with the full earnings thereon. "
~. Business originating In this state and
terminating elsewhere; business originating
elsewhere and terminating in this state;
mating, in. this state, but carried or done
over the line or lines in this state, or over
some part thereof, shall be reported, sep
toned, with the full earnings thereon in
this state, the earnings in this state being
computed upon the basis, of the length Of
pared with the length of haul or carriage
elsewhere. 1t being hereby declared that
to the assessment of railway property for
taxation the gross earnings or business done
or carried partly within this state and
rltory, or territories, shall be that proper,
ton Of the entire earning of such business
that the haul or carriage In this state bears
Section 2. The executive council shall
have the power to prescribe such rules and !.
accounts by the railway companies doing
business In this state as will insure the
accurate division OF earnings as aforesaid,
executive council. s.
Section 3. The executive council shall
have the power to prescribe method for
state, fogetnsr Win rules s and niaf iohs
for the ascertainment of the net Warnings
end, that all such railway companies In
ascertaining and making report Of net earn
a msT in sha Uniforms nnen the basls
Section 4. The reports herein provided
f for are not In lieu Of, but in addition to-
shall be made at the time and as part
of the reports, already required.
Section :: The rules. regulations. method
made by the Executive council sali he made
and communicated in writing or print to the
SAID shiatv several rail railway companies Within
and taking effect of this act. and shall Be-
and ,d,l become sl binding upon said railway COM
nicated: provided, however, that the said
executive council shall have the power to
prescribe supplemental or additional rules
ana communicate them to the several rail-
way companies in the, manner aforesaid
and with. respect to >sucil additional or sup
Elemental rules, regulations. and require
ments they shall be and become binding
upon the said railway companies within
thirty days after they are so comlnuni-e
Section G. If any railway company shah
fail or refuse to obey or. conform to the
ments so made or prescribed by the cxecu-
tive council under the provisions OF this
act act, Or IT, to make ma the reports us herein pro-
coed and assess the property of such rail-
way, companies. so falling or Relying. ac-
coraing to the best information o0tainahle
and shall then add to the taxable vilua
ton of such railway company twenty-five
penalty shnll be separately shown. and to-
gether shall constitute the assessment for
that year. Il
Section Z. This act being deemed Of Inn
mediate Importance shall take effect from
and after Its passage ane Publication in the
Iowa State Register and Des Moipes
Leader, newspapers published in the city
of Des Moines, Polk county, Iowa.