Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1913-04-10
TAX ON HERITAGEs
HOUSE MEASURE MOST LIBERAL
AS PAssED-WILL AFFECT
ONLY LARGE ESTATES.
ALIEN lNHERITORS AN EXCEPTION
Provides For Five Different combina-
tons Of Circumstances Under
Which No Bounty VIII Be Assessed
Or Collected From 1enefciaries

lateral Inheritance tax bill of any In
the state, according TO the way 1t was
described by Representative Whitney
of Woodbury., father of the measure,
was passed by the house. The vote
was II to 10. Except in the case of
aliens, the bill affects only large es-
tates.
There are FIVE cases In which no
tax is collected. They are:
When the entire estate, after pay
ing the debts, is not more than ST.
600. This amount only affects
aliens.
When the property passes to so
cieties or institutions within the
state Incorporated for educational
or religious purposes
When the property passes TO pub
lie libraries or art galleries or to
hospitals not operated for gain or
charity organizations.
Requests for maintenance OF bur-
ial lot of decedent and requests OF
not more than $500 for performance
of religious service.
When the property passes to a
municipal or political corporation
within the state for purely public
purpose.
When the husband or wife of the
decedent receives the one-third share
provided by law, the beqlest to them
is not touched unless the estate ex-
ceeds $4,000. If the husband or wife
receives between $4,000 and $4,000,
the tax is per cent: $4,000 to $751;
000,,2 per cent; $4,000 to 100000, 3
per cent; more than 100000, per
cent
Children. including adopted chill
dren, must pay I per cent OF their
share when their bequest ranges be-
tween $4,000 and $4,000; Q per cent
on $4,000 to $4,000: per cent on
$4,000 to $4,000; 4 per cent on s40,-
600 to $4,000; per cent on $4,000
to 100000; per cent on 100000 to
100000, and Per cent ON amounts
more than 100000
When the property passes to any
alien and the estate exceeds $1,000
the tax provided is 2 per cent upon
the amounts exempt from the tax In
like cases when passing to persons
residing in the United States, and on
all other amounts at a rate double
that on inheritance to persons and
organizations within the United
States.
The bill instructs the treasurer OF
state to appoint an inheritance tax
deputy. The salary Of this official is
to be $4,000 and travelling expenses.
iowas Water Power Case.
George Cosson, attorney general, in
the next thirty days will prepare a
petition in which he will set out the
claims of the state in relation to the
Mississippi River Power company.
Proceedings have been started in
the federal court to determine Just
how much control the state has over
water power sites and companies
along navigable rivers. The suit is
friendly in it's nature.
The right to condemn property, the
question of rates, and the distribu-
ton Of electricity or any other COM
modify produced. in state other than
Iowa are some of the points that will
be settled by the federal court.
License for Sale Of Stocks.
The senate of the Iowa legislature
passed the Thomas bill for a "blue
sky law. The vote was 40 to 6. Sen
ator Chase of Hamilton and the auth.
or Of the bin spoke in it's behalf.
Weber OF Wapello opposed the mea-
sure. The aim of the proposed law is
to prohibit the sale of worthless stocks
and bonds in Iowa It requires IL
cense for all persons who sell stocks.
This license must be approved by the
secretary of state.
Passes Burglary Bill.
If a burglar with nitroglycerine
breaks into your store you won't have
to wait until he uses the explosive be-
fore you can punish him, unless the
senate fails to concur in the action of
the house yesterday in passing the
Griffin bill. The measure inserts the
words with intent in the law cover
ing burglary with explosives.
The bill went through without dis
senting vote.
Hunt Bill 10 Passed.
The house yesterday passed the
Hunt bill by vote OF rs to 10. The
bill gives county supervisors the au-
thority to submit to the voters prop
osition for tax to yield $4,000 for
county agricultural societies.
Demurrage Bill Passed.
Railroads OF Iowa must pay q pen
atty of 81 day for each day they
fail to furnish cars for shippers, ac-
cording to the terms OF the Kulp
bill, passed by the house. The bill
gives the roads four days with which
to comply and an additional day for
each car when the number is more
than two. Bruce wanted to amend
by providing that when unloading is
delayed, the consignee must pay SO a
day instead OF 81, as at present, but
the amendment was defeated.
Freedom for Teachers.
Rural teachers who have been
compelled to teach school on Thanks.
giving, Christmas and New Years
days, or later on make up the time
lost, may be released from their
thralldom.
The house passed q bill presented
by Brockway writing Into the laws of
Iowa the following:
NO school shall be in session ON
the legal holidays Oh THANKSGIVING,
Christmas or New Years, and no
teachers wages shah be deducted
therefor"