Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1922-03-02
GAME PRESERVE BILL ALSO GETS
SIGNATURE; HEARINGS ON
OTHER BILLS.
INCOME TAX BILL PASSES
Vote Close After TWO Days Of Con-
tinuous Debate; Flfty-five Hour
Textile Bill Passed.
Columbia.

Governor Cooper signed the inhehi-
tance tax and the gasoline tax acts,
these being the first Of the new reve-
snue measures to become law. The
governor strongly recommended the
the measure in his annual message
. .and when the bills were passed by
the general assembly and ratified he
did not hesitate to affix his signature
to them.
The gasoline tax provides for two
cents a gallon on every gallon sold
or distributed in South Carolina,
which, it is estimated, will bring in
around S750,000 a year or maybe a
little more. One-half of the money
collected from the tax will go into
the general fund and one-half to the
counties for road maintenance and
construction.
The inheritance tax is not calculat-
ed to bring in much revenue this year
as the retroactive feature for 1921 as
originally contemplated was stricken
out. However, the act will bring in
from S15o,O0O to 100000 year after
this year, according to estimates.
These two measures are the first
real important acts to be signed by the
governor this year. Another meas
ure Of Importance to the low country
that was signed was the game pre-
serve bill providing for tax on all
persons, firms and corporations, ETC.,
holding more than 500 acres Of land
as game preserves. The tax is 10
cents an acre up to 10000 acres, 25
cents an acre from $4,000 acres to
$4,000 acres, and above $4,000 acres,
so cents an acre. This tax is to re-
main in the county where collected.
The governor heard parties interest
ed in the university trustee bill and
the Gerald arbitration bill. He heard
q number Of parties interested in both
measures. The chief executive is in
clined to veto the trustee bill, 1t is
understood. The Wells tax extension
resolution is also in the governors
hands as are number Of other meas
ures.
The senate passed the select COM
mittee income tax bill framed largely
on the lines suggested by Senator 8.
H. McGhee Of Greenwood and pro-
viding for tax of 25 per cent OF the
amount paid to the federal govern
ment The vote came after nearly
two days of continuous debate.
In a nutshell the bill attacks all the
federal statutes, rules, regulations
and other enactments into the South
,- Carolina law and provides that the
tax commission shall enforce it.
Every person paying tax to the fed
eral government will make copy OF
the return to the federal government
after this year, but for 1922 only an
affidavit is required to what was paid
to the government. Every person,
firm, corporation, ETC., paying tax to
the federal government must pay rs
per cent VI such tax to the state gov
eminent.
and returned to the house without a
murmur against it. The amendments
were proposed by the committee on
commerce and manufactures in the
form OF a substitute bill to eliminate
useless matters from the house bill,
those promoting the measure said.
Senator's Young, Pearce and MCGEE
were named on the free conference to
the J. o. Williams cut.out bill. the
= house refusing to adopt the senate
amendment allowing spotlights to be
ased when they were extinguished 200
yards from an approaching vehicle.
Senator Miller's bill to amend the
law in regard to the registration OF
legal instruments was sent to the
house without opposition.
The committee On banking and in
surance returned without recommend
alton the bill Of Senator Williams to
ufprevent unlicensed foreign fire insur-
[ ance companies or associations from
&doing business in the state; TO pre-
went persons in the state from taking
fire insurance on property within the
state in unlicensed foreign fire insur-
ance companies or associations.
Senator Bales bill to require the
sinking fund commission to insure
school houses and school buildings
against loss or damage from wind
storms without additional premiums
was advanced to third reading.
The moving picture license tax bill
was advanced to third reading with
the understanding that the discussion
come then The senate finance COM
mittee's amendments striking out the
tax on films and substituting a d.
rect tax on theaters ranging from
$50 a theater a year to $3.50, accord
ling to the size Of the city and the
seating capacity, were adopted upon
motion OF Senator Psarce.
Representative Fosters bill to re-
quire textile industries to pay their
employees during work hours was
passed and ordered enrolled for rati-
fication without objection.
Representative Vests bill to amend
the law relating to seizure and sale
under execution, redemption and title,
by enlarging the time for redemption
from six months to one year, was
passed and returned to the house
with amendments offered by Senators