The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-01-26
STATE BOARD TO
FIX VALUATIONS
Given Wide Scope of Power in
New Plan of Taxation Pro-
posed in House Bill.
NET PROCEEDS OF MINES
ONE OF IMPORTANT FEATURES
OF MEASURE,

| The state board of equalization is
given wider power in a bill introduced
| yesterday in the house by the judiciary
/ committee. The bill virtually builds up
a new system of revenue and taxation.
4 The bill covers twenty-seveu typewrit-
! ten pages. 1t amends twenty-three sec
! tons of the present laws.
| The assessment of net proceeds of
mines and the assessment Of railroads.
| street railroads. car services, telegraph
and telephone lines. electric light, pipe
| lines power or express companies is
provided for in this paragraph:
| The president, secretary, superintendent
| or managing agent. or such other officer
as the state board of equalization may
| designate, of any corporation. and each
| person or association of persons owning
OF operating any railroad street railroad
car, telegraph. telephone. electric light.
| pipe line, power OF express companies in
more than one county in this state, must
on or before the second Monday in Feb
ruary of each year. furnish the said board
d statement signed and sworn to by one of
! such officers, OF by the person or one of
the persons forming such association,
showing in detail for the year ending at
y O'Clock m. on the first day of January
in each year all property, real, personal
OF otherwise. owned by said corporation.
person or association OF persons IN the
state. including statement of mileage in
| each county, as valued at y O'Clock m. on
the first day Of January of each year, and
| SuGn oLnsT as the DoAFO may
require. And the owner or owners of all
| mines or mining claims in the state must
| on or before the second Monday in Feb
|, ruary in each year, furnish q statement in
! detail showing the net proceeds of such
mines OF mining claims for the year end
ing at u o'clock m. on the first day of
January next preceding.
Meetings Provided For.
The state board must meet in the
| capital on the first Monday in March
and continue in session. until the first
Monday in May. On the third Monday
! in May the board must again convene
and remain in session not later than
the third Monday in June, the latter
| session for corrections. On the first
Monday in July another session is to
! be held to examine and compare re-
ports of county auditors and TO make
the annual tax levy.
Before the fourth Monday in June
the state board shall transmit to the
county auditors the apportionment of
assessment for the various counties,
| and no board Of county commissioners
or county board of equalization has the
, power to change any assessment fixed
by the state board.
Net Earnings of Mines.
? in regard to the assessment of the
proceeds of mines the bill says in part:
| Livery person. CQGppfaNADis UT dSSptid-
= ton engaged in mining upon a vein OF
, lode. or placer mining claim, containing
| any gold. silver. coal or other yai1a bic
mineral deposits, must each year make
= out q statement of the gross yield of the
- abOve-named metals or minerals from
n each mine owned or worked by sucn per
son. corporation or association during tht
: ! year next preceding the first Monday II
> | January. and the value thereof, which
g statement shall give the fine ounces oil
gold and silver, and pounds of lead anc
o | copper. also the net annual proceeds O
o coke made from coal, or bullion or matte
!. / made from ore not taxed which is deemed
product of mines Also Statement
= | showing all the machinery used in min
e ing and all property and surface i'm
& mine OF mining claim, which have valu'
. seDarate and independent of all sucl
= mines or mining claims owned or WORKED
- by such person, corporation or assOcia
: ton during the year preceding the frs
is day of January and the value Of the SAM
at Y O'Clock on the first day Of January
~ Such statement must be verified by tn
= oath Of such person. OF by the president
> | secretary superintendent or managing
agent of such corporation or association
IF | who must furnish the same to the stat
y board of equalization on or before the sec
IN ond Monday of February in each year.
b, To EquaIize Values.
In order that values may be fixed /
= | each county with reference to equit
- the state board Is empowered to deter
= / mines liberalization Of real estate. acre
y age. improvements on real estat,
y horses or mules, cattle, sheep, swine
lI bees. merchandise and trade fixtures
y machinery, tools. implements and sur
2 plies and certain classes of persona
Ill property.