The herald and news. [volume] (Newberry S.C.) 1903-1937, 1922-01-31
GENERAL ASSEMBLY
ON TAX MEASURES
PUTS IN STRENUOUS WEEK OF
CONSIDERATION
House Has Passed Most of the
Measures Over to Senate-Ad-
journed Friday to Monday
(By Jno. K. Aull)

Columbia, Jan. 30.-The general
assembly has made remarkable prog
ress during the three weeks of its
session, and, if only the old-time Gus
tomary forty days are to be consum-
ed, then the legislature is half way
through with the session. However,
in the past several years, the session
has gone beyond the forty days, and
it may 60 beyond that this year,
though both senate and house have
been working hard both at day and
night sessions.
The principal matters so far con-
sidered. of statewide Importance
are the new tax revenue bills, ana
most of them are on fair way TO
passage. 1t is understood that the
wavs and means committee OF the
house. which prepares the approprla-
lion hill to be introduced IN the
bonse is somewhat indisposed to take
anv definite action on various matters
vii Il knows what the final DISPOSE
+;on Of the new tax-raising bills Will
he If they should fail, the appropr!a-
+;on nronosal, as introduced by the
committee, might be cut more thah II
otherwise would. The idea seems 70
no n reduce the state levy IN one
manner or another, in response TO the
nonular demand for decrease OF
+axes As matter OF fact, anybody
who has studied the tax situation IN
sou+h Carolina, knows that the main
+axation is by the municipal corpora
lions and the counties, and that re-
5nctjon in the state levy would not
amount to very much, anyway put
the people are demanding reduceo
lew from the legislature IN the state
a,nrouriation bill. For instance 20
reduce the salaries of state onclals
would amount to practically nothins'
comparatively, when taken INTO con-
sideration with other appropriations
The ways and means committee lS
comnosed of men who have been stu
dv;no the situation, and they VIII
zach decision which seems to them
riobt and proper. Then it will oe up
- the house first, and the senate next
70 90 over the bill, and make such
changes as either body sees fit. IAe
measure will 90 on the gridiron OF the
house. and after being passed by that
bodv. with such amendments as II sees
fit to make, it will go to the finance
committee of the senate, and from the
finance committee of the senate back
70 the house and then to free con-
ference committee of both houses
who will at last be the final ar5:ters'
Revenue-Raising Measures
The house has passed, almost with
out debate, all the proposed measures
looking towards new sources OF rev.
enue except the luxury tax measure
and these measures are now up to the
senate. 1t has been contended that
with the passage of these new reVe=
nue. bills the states levy on properly
as at present assessed could be re-
duced by about one-half.
Both houses have passed the lnheri-
tance tax measure. The senate put
in some amendments. and the two
houses will likely get together,
The house has passed the measure
for q tax on gasoline, the income tax
bill. tax on water powers. and, IS
stated, both houses have passed the
inheritance tax bill, though they viii
have to get together on the amend
ments adopted by the senate IN
other words, all of the new revenue
raising bills, with the exception OF the
luxury tax bill. are now up to the
senate.
For Extension of Tax Payments
The seaa.e has finally agreed on
the measure introduced by Senator
Wells of Edgefe}d, providing for the
extension of the time for the payment
Of state and county taxes. The oil! as
1t passed the senate. and as i VIII
now go to the house, would extend
the time for the payment Of taxes un-
til June /, with a penalty Of ! PEI
cent for January, TWO per cent f.:
February, three per cent for March,
four per cent for April, five peF cent
for May, ana seven PEI cen, pen
atty thereafter. the penalties not be-
ing cumulative. After June the
executions are 20 be ;sSued a@airs,
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