The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-03-16
Estate Capital Bureau
COZ Evening Herald.
IhI DO Nnrgna Hotel.


Santa Re, n. NJ, March 16.-Follow-
hing IN the text of the new state tax
law, under the terms OF
which the state tax commission II per-
iccting organisation at Santa Fe today:
House Substitute for House Bill No.
|s27. as amended.
An act creating a state tax commits
sion and defining the powers and du-
ties thereof; limiting the rate OF taxa
ton. and limiting the Indebtedness OF
counties. cities. towns and villages. for
the purpose Of controlling the rates OF
taxation and other purposes.
BE II enacted by the legislature OF
the state OF New Mexico:
Section /. The governor shall APP
point. with the consent and conhrma-
ton of the senate. v persons. each
of whom shall he n qualified voter. a
tax paper, n representative OF some 90
the principal Industries. "a resident OF
the state for a period Of I'VE years next
preceding his appointment. and not
more than one OF whom shall reside Ia
the same judicial district and not
more than three OF whom shall b" OF
the same political party at the time OF
their appointment. which persons so
appointed and confirmed shall ccnati-
tute a state tax commission They
shall hold their offices for n period OF
two years from their confirmation and
until their respective successors are
appointed and duly qualinec.
Each OF the members OF such COM
mission shall receive compensation
from the state At the rate OF ten dol
lars per day for each day he IL ensnR-
ed in the performance Of his Official
duties and In going from and return
ing 10 his home In the performance
thereof. and also his reasonable trav-
cling ana hotel expenses when absent
from his home IN the performance Of
such duties. Provided. tina no sos
sion or meeting of such commission
shall continue FOR n longer period than
ten days. and no commissioner shall
receive compensation. or expenses. for
more than ninety days In the aggrc-
gate during any one year.
Sec. 2. Such persons ~ appointed
on such commission, shall. within
thirty days after their appointment. or
AS soon thereafter a. possible. assem-
bile at the office OF the commission aud
organize by the election OF one OF
their number as president. and shall
employ some competent person AZ sec
Rotary, who shall be a qualified ac-
countant and shall have had expert
cncc In matters pertaining To the valu-
alton. assessment and taxation OF
property. The commission shall fix
the salary OF such secretary and may
employ such clerks, stenographers and
assistants az may from time 10 time
De deemed necessary. prescribe their
duties and fix their compensation.
Provided. that the total expenditures
of the commission FOR the Compcnsa-
tiunuf such employees. including salary
at the secretary, shall not exceed the
sum of twelve thousand dollars per
anuum; such per diem. salary. COM
penaitiuu. travelling expense and the
necessary expenses for printing. sta
tioncry and office supplies for the said
commission shall bo paid on warrants
drawn hy the state auditor upon GER
tihcatcs signed 10y the president and
secretary II the commission, payable
out Of the general salary fund
See. g.. The office Of the commits
sion shall be at the capitol. where suit
able rooms shall be provided for It's
use by the capitol custodian commit
tee. The commissioners shall hold
regular meetings at such office. begin
ming IN the third Monday ~ February,
July, September ana November of