The Harrison times., 1912-07-06


! often as may be necessary, visit each
county in the State for the purpose Of
! requiring the proper assessment and re-
/ turn of property, uniform value there
| Of and the use of forms and system Of
keeping accounts provided by law or
! by the commission.
Section So. Section 12 of Act 257 of
! the Acts of 1909, approved May 70, 1909,
shall be amended so as to read as fol-
lows
! Section 70. The Arkansas Tax Com
mission as hereby created shall consti-
/ tute a State board of equalization and
shall equalize the valuations and as.
/ sessments of property throughout the.
! State 1t shall meet at the State capital
on the first day of September of each
| year for the purpose of equalizing the
! assessments of the real and personal
I property of the State The commis-
| sion, as a State board of equalization,
may in its discretion, sit at any other
place in the State it may deem advisable,
! for the purpose of making inVestiga-
| tions or granting hearings relating to.
the work OF equalizing the property of
| the State, The session Of the commission,
as State board of equalization shall
! continue from the first day of Septem-
| Der to the fifteenth day of October each,
year. AS a State board of equalization
! the Arkansas Tax Commission shall
! have the following powers and shall be-
governed by the following rules;
1. To hear appeals from individuals,
| firms and corporations from the orders
and judgments Of the several county
/ boards of supervisors OF assessments
and to grant such relief as may be
deemed just and proper
2. They shall add to the aggregate
valuation OF the real property Of every
county which they find to be valued
below its true, full and proportionate'
value in money such per cent as will
| a n re ~
portionate value in money.
3. They shall deduct from the ag-
| gregate valuation of the real property
of every county which they find to be
1 valued above its true, full and proper
tionate value in money such per cent
as will reduce the same to its true, full
and proportionate value in money,
4. If they find that the valuation OF
J the real property Of any town or dis
trlct in any county or Of the real prop
| erty Of any county not in towns, should
| be raised or reduced without raising or
+ reducing the other real property in such
county or without raising or reducing
II in the same ratio, they may add to
or take from the valuation Of any one
or more Of such towns, or districts or
Of the property not in towns, such per
! cent as they believe viii raise or reduce
the same TO it's true, full and proper
tionate value in money.
s. They shall add to the aggregate
valuation OF any class OF personal prop
erty in any county, district or town
which they believe to be valued below
its true, full and proportionate value
In money such per cent as will raise the
same to its true, full and proportionato
| value thereof.
G, They shall take from the aggre-
, gate valuation Of any class OF personal
! property In any county, district or
town which they find TO be valued
above the true, fun and proportlonat9
, value thereof, such per cent as will re-
duce the same to its true, full and pro-
portionate value,
T. Should the commission find II nee
essary in equalizing the assessment OF
! tho state to raise In the aggregate
=, the valuation OF the real estate, or of any
| personal property IN any town, district
| 3, 4, g, and G OF this section and
! should Il also find that the individual
assessments OF such town, district, or
county are not equalized and that by
such raise In the aggregate OF vnlua-
tions such given per cent the assess
ment Of any individual taxpayer in the
| town, district, or county, as the case
may be, is increased 90 n point where
tho same is above tho true, full and
proportIonote value IN money OF tho
property OF such taxpayer tho commis-
sion shall have the power and II IL
hereby made It's duty after II has
made such raise In valuation in the ng-
! gregatc, 10 reduce the assessment OF
each such individual taxpayer 20 n point
whore it WIN not be above true, fun
and proportonate Ynluo In money
| thereof
Section SO. Before taking any action
with respect TO the property OF any
county district or town, as provided by
paragraphs 2, g. 4, 8, 0 and 2 section.
SO hereof tho commission shall cause n
written or printed notice 60 DO served
upon the county Judge OF tho county
wherein ig located the property affect
cd Said notice shall bo published In
some newspaper In said county II ono
| is published In the county; II not then
I'm n newspaper having n circulation In
said county IN nj lonat two weekly
Issues before the date OF said proposed
change, The notice shall give the date
and place at which tho commission VIII
RIt and ahall warn said county Judge
and OIL citizens Of said county TO appear
at said time and place ana show cause.
II any they can, why such change shall
not be made or auoh 0gAesAment In
oronHod or reduced, and the reBult or
said ho0rng, II any increase or Do
crease should be made, shall be eeftlns
cd 90 the county clerk Of the county
affected on or before the fifteenth day
OF October
Section 81. H. while sitting MS n
state board OF equalization between
Scptcmhcr lAt ana october lbth, the
Arkansas Tax Commission shall ind IN
equalltoa or want OF uniformity be-
tween the assessments In any county,
tho commission may IN ita dlaefetlon,
either eaunllBe said assessments itself
m provided IN section SO or this Act
or II may call special session or tho
board OF supervisors OF assessments or
tho county 90 ait both M n board OF
equalization and board or reyiaion and
appenla AZ such special session the
bonrd OF supervisors OF assessments
may revise and review tho assessments
OF tho county and may raieo ana re-
duce the assessments OF individuals ana
corporations 20 the fame extent and In
the anmo manner M II In by this Act
authorized 20 do NJ the regular session,
Al said special session the b0ard
efall have aa full power 10 act with re-
sbeet TO the assessments OF the county
ha Il had at tho regular session, At
such special session, before tho hsseHss
ment OF any taxpayer shall be In
crehsed such taxpayer or his agent
shall be given nj least two days notice
OF such proposed increase, The tax
payer may appear before the board hlt-
ting m n board OF revision ana appeals
! and contest the proposed increase IN he
J assessment IN the same manner aa he
could at the regular session Appeal
may be taken from the decisions of the
! bohrd or supervisors OF assessments
( | mudn M uunplnl unpnlonu ln thn anna