New-York tribune., 1919-04-19
Governor and Republicans
and Democrats in Both
Houses, in Perfect Accord,
Agree to End Session
Income Tax Passed
Senate Votes for 1t and the
Assembly viii Follow:
Other Measures Hastencd
St0ff CorrcspOrdet

St0V Correspondence
ALBANY, April 18.-With Governor
Smith and the Democrats and Republic
cans in both houses in perfect accord,
with the exception of a few scattering
insurgents, the Legislature will ad-
journ sine die tomorrow AZ noon.
Minority Leader sometimes majority
lcader) James A. Foley moved the ad-
iournmcnt resolution in the Senate
this afternoon. Then both sides, with
an agreed programme before them.
which did not include the so-called
welfare legislation, proceeded to jam
through the hundreds of bills in the
few hours left them.
Tax Bills To Be Passed
Under an emergency message from
the Governor the group Of tax bills
prepared by the Davenport special tax
committee will be passed before to-
morrow noon by both houses. With
these it is hoped to meet the deficit
caused by the loss of excise revenue
some $24 ,O00O and the growing cost
of government.
At the last minute changes were
made in some Of the tax bills at con-
ference in the executive chamber be-
tween the Governor and some of the
Legislative leaders on both sides.
At the conference it was decided to
discard the bill agreed on yesterday
limiting the impost of real estate to 2
per cent. A new real estate tax limita
ton measure is being drafted tonight.
1t is understood that the new measure
will provide that no, more than 70 per
cent Of the money raised by taxation
in city can be levied on real estate
and that the increase N expenditures
from year to year shall not exceed 2
per cent except III emergency.
Corporation Tax Bill Passed
The optional business tax would per
NIT cities to impose taX of from |
to 5 per cent on The income of business
corporations. the moHcy all to 90 to
the cities. In order to lessen the op-
position of the Legislators from rural
districts to the personal tangible prop
erty tax bill it mas been amended so
as to apply only to cities. 1t would
personal tangible property above
$4,000.
The Senate day passed the new
business corporation tax bin, which OK
tends the provisions of the old law so
that all business corporations are
brought within the scope Of the act
and the present import OF 3 per cent
increased to Az per cent. This will
be passed by the Assembly tomorrow.
The Senate tonight passed the
graduated state income tax. 1t also
VIII be acted on favorably by the As
sembly. 1t provides for | per cent
tax on all incomes under $4,000, ? per
cent for incomes above that sum and
less than $4,000, and 3 per cent on all
incomes above that. The exemptions
allowed in the Federal law are included
in the state income tax.
Auto Bill Passed
BY vote of 80 to "A the Assembly
passed the bin of the Senate Commit
tee on Internal Affairs increasing the
registration fees on motor vehicles.
Automobile organizations had made a
hard fight against the passage OF the
bill and undoubtedly viii continue it
before the Governors
The Assembly passed the Kaplan
bill, regulating the solicitation Of
money or property for charitable and
patriotic work The purpose of the
measure is to prevent faklrs from
collecting money for TINS purpose.
The Foley blue sky bill passed the
Senate unanimously. 1t provides that
before any stocks or securities can be
sold in the promotion Of corporation
a verified statement must be filed with
the Secretary Of State setting forth all
the money paid as commission and
other information to prevent the
launching Of fraudulent ventures. 1t
viii be acted on by the Assembly to-
morrow
The Senate passed the Carol bill,
increasing the salaries of the presi-
!. dents Of boroughs Of Manhattan, The
Bronx and Brooklyn from $500 to
$4,000.
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