The herald and news. [volume] (Newberry S.C.) 1903-1937, 1922-02-14
SENATE PASSES
IMPORTANT BILLS
CORPORATION LICENSE TAX
ADOPTED
University Measure Approved and
Returned to House-Lncome
Bills Advanced
The State, 10.

ate Qay session SGSLei udE, tAAS "PP
house passing and ordering enrolled
for ratification without dissenting
vote the corporation license tax bill
and sending to third reading the m
come tax bills Of the ways and means
committee and of Senator Padgett
with the understanding that the de-
bate come then.
The senate also passed and return
ed to the house the university trus-
tee bill charging the board Of trus-
tees of the University of South Caro-
lima to 81 elective members by 1925.
One amendment adopted by the SEN
ate merely changes the years as the
bill was introduced last year and this
clerical change was necessary, but a
last minute amendment offered 'oy
Senator McGhee to provide that no
member of the general asemolY shall
be eligible to be elected trustee un-
der the terms of the act may pro-
woke opposition IN the house. The
senate agreed to the amendment.
BY a vote of 26 to 10 the senate
adopted resolution at the beginning
of the session giving all the revenue
measures now before the body and
those yet to come right Of way over
all matters, with the exception Of
local, uncontested matters. Later an
attempt was made to get up the IN
come tax bills for the purpose Of send
ing them to third reading with the
understanding that the debate come
then, and this brought on considerable
debate as to the advisability Of such
procedures.
Hydro-electric Bill Held Up
Senator Moore tried to get up the
Two income tax bills and the hydro
electric tax bill so they could all be
advanced at one time to third read
ing, but upon objection Of Senator
McGhee that the hydro-electric tax
bill had not been on his desk "a
hours, this measure was held over.
A lively debate was then entered into
on the sdvisability Of referring the
two income tax bills to the judiciary
committee, but the bills were finally
advanced to third reading and not
referred to the committee. The gen
eral opinion as voiced by Senators
Moore, Hamilton and others was that
the senate must ';buckle" down and
dispose of the revenue measures one
way or another.
Senator McGhee has prepared
substitute bill for the ways and means
committee income tax measure and
introduced it last night. He would
have the tax 10 per cent Of the
amount paid to the federal govern
ment in all instances. A full report
would be required on the return of
every person, firm or corporation
made to the federal government un-
der this substitute bill.
When the corporation license tax
bill increasing the amount to be paid
by corporations from one-haf of
mill on every dollar of the value of
the property Of the corporation used
within this state in the conduct of its
business to one mill was brought up
no objection was voiced and the bill
passed on a viva voce vote.
This bill will increase the revenue
of the state from corporations from
$4,000 and $4,000, it is estimat-
ed.
The bill to incerase the number of
trustees at the university from seven
elective members now to p by 1925,
five new members to be chsoen this
year, all terms to be six years fol-
lowing complete organization of the
new board, brought on good deal OF
debate.
Senator Beasley opened the discus
sion. He pointed out that the alumni
were supporting the bill practically
to a man and he said he saw no rea-
son why the measure should not be
passed. He said the university was
doing great work and has wonder
full opportunities ahead of it and
the placing of more members on the
board of trustees will assist the insti-
tuition to expand. He said the insti-
tuition belonged to the people of the
state and he wanted to see the people
more interested in it.
Senator Williams an ey oficio men,
Der of the board, said the bill should
not pass. He said the plea had been
made for 'new blood,' but he thought
the larger board would be unwieldy.