Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1915-01-28

mttcc on state and court expenses
AND ORDERED TO |
LIE.
II. Il, creating board of agriculture |
and forestry
Mr.. OBrien of South Burlington moved
to reconsider. Mr.. Footc of Cornwall
urged further consideration. as did Mr.
Foster of Calais, and on motion of Mr..
MAYO of Northneld, the bill was ordered
to lie.
JOINT RESOLUTION.
Introduced by Mr. Dermeritt of Dux-
bury.
Resolved by the Senate and House Of
Representatives:
Whereas the provisions of No. 81 of
the acts of 1912, relating to exemptions
from taxation and aboishing deductions
for debts owing, have not been generally
satisfactory to the taxpayers of the
state. and. in the opinion Of many tax
payers have not afforded the desired
relief from the burdensome conditions of
local taxation:
Resolved that joint special committee
consisting of three senators and five rep
| resntativcs he appointed by the prcsi-
dent of the Senate and the speaker of
the House, respectively. whose duty 1t
shall be TO investigate and consider tho
subject matter embraced I'm said act of
! 1912. and to report by bill or otherwise.
on or before February H. 1915, and that
said committee be hereby directed to hold
public meetings in the state House bc-
fore the time wherein they report. Civ
! ing such notice thereof as will. so far
! as practicable, enable persons Interested
| to appear before said committee and to
| he heard upon the subject Matter which
said committee is hereby required to IN
| vestigate
BILLS INTRODUCED.
H. 1874. by Mr. O'Rren Of South Bur
lington. an act relating to exemptions
from taxation. Money loaned In this
State by resident thereof. a savings
hank, savings Institution, trust company,
investment company, loan association at
Il rate of interest not TO exceed five
per cent. shall be exempt from taxation;
tax of seVcn-tenths of one per cent. not
To apply to deposits loaned at rate not
to exceed five per cent To committee
ON ways and means.
II. 135 by Mr.. Demcritt of DuxburN,
amending an act relating to exemptions
from taxation and abolishinC deductions
for debts owing Money owed by n tax
payer to resident of this state shall
he deducted from amount of his taxable
personal prouertv provided he files with
tho listers on or before May a sworn
statement giving several amounts Of his
Indebtedness ana address Of his credi-
tors) To committee ON ways and means
H. 1876, by Mr. Stickncv of STAFFORD
an act relating to deductions for debts
owing. O.isters shall deduct from ap.
! praised value Of a taxpayers persona
} estate sum equal to excess, If any. OF
debts owing over aggregate amount Of
: his United States government bonds
= other stocks, bonds and loans cxemn
! from taxation; and amount of his hanl
deposits whercon interest in excess O
two per cent per aunum is paid, anC
shall take one per cent. of balance a
} list Of personal estate. Int no deduction
exceeding $500 shall be madc) To com
: mttec on ways and means.
H. 49, by Mr. Snaulding of Hartand
nm act relating to deductions for debit
; owing. DIFFERS from preceding bill II
that it loos not limit deposlts to thi
State. does not specify that interest shat
exceed two per cont and permits no de
. duction IN excess Of sl01o) To commit
. tee ON ways and means
l II. 13S. by Mr.. RiXford of IIipheate. a,
= act to provide for registration of leGtsla
tive counsel ana to regulate lobbying
, G.egislative agents must file in Office y
y secretary Of state q statement givin
> namc of person or CORPORATION ny whor
, he Is employed together with "A brief de