The Blackfoot optimist. [volume] (Blackfoot, Idaho) 1907-1918, 1912-02-05
SENATE FINISHES ITS
WORK---ADJOURNS
Passage of Main Revenue Bill Secured
With But Slight NEUTRALITY-SUSPICIOUS.
Kill House Bill to Increase Tax on
Net Output of Mines.

The extra session Of the legislature
adjourned sine die at 4 o'clock Friday
afternoon. after being in session II
days, considering a number of i'm
portant measures in regard to the
gathering and expending of revenues,
and having passed a few remedial
laws, which a majority of the men,
bers believe will furnish needed re-
lief from the unfortunate conditions
that have confronted the taxpayers
during the past year.
OF al the legislation enacted at
the session extraordinary, house bill
No. 35 is probably the most import
ant and far-reaching law of all those
that ran the gauntlet cf the two
houses and the governors office. Fol-
lowing is a summary of that measure
and the minor ones passed.:
House Bill No. 35.
Exemptions-Sch. o., stzte, county
federal and municipal property,
church and fraternal property from
which no rent is derived, and that of
Widows, orphans and civil war vet
Grams when total value of estate does
not exceed $4,000 Also growing crops
fruit and nut trees under age of four
years, and grape vines under age of
three; capital stock of corporations
when property has been assessed, IL
libraries and farmers tools up to $4OO,
possesscry rights to public lands, mort
cages, cooperative irrigation systems,
and 5000 on home Improvements.
County commissioners require to pro
pare in April an appropriation bill for
the ensuing fiscal year. Expenditures
Limited to that estimate.
All taxable property to be listed at
full cash value and assessed at 40 per
cent Of same, full cash and 40 per cent
to be carried in separate columns on
the assessment roll.
Iaxss-en-8srk Stock
Bank stacks assessed in place where
hanks are located Any such stock in
vested in real estate exempt and real
estate taxed
Ships and boats not registered as
sessed at residence of owner.
County commissioners commence e.
qualization first Monday in July. All
applications fer reduction must be
sworn to.
State boards to assess telephone and
telegraph lines and railroads, and ap-
portion taxes to counties. Value of
railroad determined by adding value of
franchise, rolling stock, railroad track.
telegraph. telephone. and railroad prop
erty.
State board to determine valuation
Of state by fourth Monday in August
and make appropriation to counties.
hands 10 be- G4aseisied.
Bill Includes following classification
of property: Patented lands, subur-
ban lands, orchard and vinelands, irri-
gated agricultural lands, rain belt agri-
cultural lands, dry farm land, grazing
land mineral land standing timber land
natural medow land and pasture land
desert, waste and swamp land, cut ov-
er and burnt timber land. Town lots
classified as follows Business lots,
residence lots and addition and out lots
Listing Personal Property.
Personal property to be listed as
follows: Cattle Thoroughbredsj grad
ed, common, beef or oxen, and cows.
Harses-Thorougf breds, graded, COM
mon, stations, cots, jacks. jennets,
mules. Sheep and goats-Sheep, i'm
ported, fine, graded and common;
goats, common and Angora.
Personal property tax when lien on
real estate t. be written in real estate
rcll. Classficaticrs of personal prop
erty to be abbreviated in roll with let
ters.
State auditor tc prepare uniform
assessment rolls and tax receipts for
Il counties.
Semi-annual payment of taxes when
amount is ever 500. Taxes become de-
linquent first Monday of January if half
IS net paid on that date. Remaining
half to be paid by first Monday in July.
++czd- Sharks.
Securing tax deed only after cwner
Or occupant of property shall have
been nctified at least there months in
advance of securing such deed.