Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1912-02-10
MANY MIN OR
BILLS PASSED
Property is Listed ut il Full Value But
Assessed on a fotty Percent
Basis.
AMENDMENTS AND EXEMPTIONS
Explanation of Terms ''Value," Fair
Cash Value" and Full Cash Value

Mr.. Bert Hall, Editor Herald:
The following measures were
passed by both Houses and think
all of them have been signed by the
Governors:
A bill making slight changes In
the apportionment of school money,
tending to give more aid to the
weak country districts. Joint reso-
luton submitting a Constitutional
amendment to provide that the
County Treasurer shall be the tax
collector. Bill providing that the
fees and fines collected by the
State Horticulture, inspector shall
be used in defraying the expenses
of his department. Act repeating
the two dollar poll tax law. Act
regulating the issuance of licenses
to corporations doing business In
Idaho, and thereby raising revenue.
Providing for the levy of road
poll tax of not exceeding four dol
lars, only upon able bodied male
citizens between the ages OF Il
years and so years. to be paid in
cash. Permitting the special prop
erty road tax in any district to be
worked out by the taxpayers, pro-
vided majority of said road dis
J trict petition the County Commits
sioners to let them work it out.
Regulating the collection of fees
. from insurance companies doing
: business in Idaho. 1t is claimed by
the Governor and Insurance Com
I mission that this will increase the
' annual revenues of the state In the
e sum of several thousand dollars.
. Amending the law regarding
J.; bounty upon small animal pests,
such as gophers, rabbits and uir-
: rels, so as to permit the county
}, commissioners to offer such a
/ bounty without petition to do 30
S and raising the maximum price
|, upon the these animals mentioned
above from 5 cents to fifteen cents
i each,
1 The main revenue reform bill
u was House Bill No. 95, and some OF
If the changes made in the present
d law bv this bill are as follows
Property is listed at it's full value
t In one column and forty per cent
l. of this amount carried into another
( column and tax is levied upon this
e forty per cent.
}" Added to old exemptions, fruit
a and nut bearing trees under the
d age of four years from the time o.
j. planting in orchard form and grape
W vines under three years. Improve
as ments on land to the amount o
ic 800 assessed valuation, W hen tots
to value does not exceed $1,000 as
% sessed valuation.
ze Widows, orphans and old soldier
~ must file their claims for exemp
70, tions with the assessor after the,
e. are assessed and before the 6rs
day of July each year. The term
"value," flair cash value" andi'fu
cash value" mean the value of tn
Is property in the market in the ord
nary course of trade. The teri
II, assessed value" means the percent
20 age of the "full cash value" 6
oi which the property lie to be assesse
ca as provided by law, and the teri
Oh valuation" means the ''sssesse
W. value"
ne County commissioners are r
quired at their meeting in April,
WI get estimates from each county of
niS Ger as to the probable requirement
NJ of his department for the ensuir
year. and make estimates of a
II other expenses of the county, al
W include all in an estimate for a