Pocahontas star herald., 1923-02-09


the two branches OF the general as
sembly, and to the people OF the
state. The resolution provided that
joint committee OF the two branch
es bo appointed by the speaker ant
president OF the Senate to draft roaC
legislation. The resolution after Q
heated debate, passed by a vote ot
GO to 10.
Senator Thompson's bill. similar In
purpose to measures whcih have been
presented biennially since the Tur
ner-Jacobson bill OF 1909, provides fol
the 100 per cent assessment OF az
property for state purposes, and a
sliding scale of taxation. The rate
depends on the value OF property as
shown by the assessment. The meth
cd OF ascertaining the rate, as Civ
on in the bill, consists in dividing
500 by the number OF millions OF dol
lars representing the aggregate as
sessments, carrying the division "a
four deciamls. To the result Of the
division .05 Is added and the sum
is the percentage of 81 to be assess.
ed against each 500. For instance
II the aggregate assessed valuation
OF property in the state under 100
per cent assessment totaled SS42,614,
200, a more or less accurate estimate
the rate of taxation. or the levy
would be GA on each 800 Of value
This figure is obtained by dividing
S42, the number OF millions OF dol
lars representing the aggregate as
sessment, into 500, obtaining a re
suit OF .594 and adding .05. The bill
carries the distribution OF each dol
lar received in taxes to the various
state purposes, as follows: .345 FOL
the common school fund, .25O FOL
pensions, .1Ss for charities. etc.
Senator Johnston introduced an
other bilD increasing salaries II
the State Highway Department
which. including additional clerk
provided for makes an increase o
about $1,000 Senator Johnston'
first bill for the same purpose, car
rying $4,000 increases. was tabled Fl
the House.
House bills introduced:
McKennon.-To appropriate IS
e31.4l for office OF state mine IN
spector.
Bookfield.-For supplemental an
propriatlons for attorney general
81 600. state auditor $1,000; synon
sis Of acts Of 1921. SlS,54513; print
Ing court reports, $4,000; salarlei
Of special judges and chancellors
$500.
BITS introduced IN Senate follow
Mason.-Maklug the biennial ap
proprlatlon for the Arkansas Rail
road Commission.
DuLaney. Increasing the maxi
mum rates Of the Inheritance tax.
Repeating the boiler in
spection act.
Prlco.-Proyiding for the election
Of the state bank commissioner.
McCabe aud McGraw.-Exemptlni
real estate from tax penalties.
Diesch.-Blennlal appropriation foi
State Audtorial Department
Diesch. - Biennial State Plan
Board appropriation.
Senator DuLaney OF Little River
county introduced bill increasing
the state inheritance tax levy, par
ticulsrly on larger size fortunes. Sen
ator McCabe aud McGraw fatheret
a measure which repeats the 25 pei
cent tax penalty now imposed on do
llnduent real estate.
As members OF a joint committed
to DRAFT state highway legislation
President Wilson Wednesday after
noon appointed Senators Thompson
Grabiel and Doisch. The committee
was authorized under a Joint resolu
tlon Of the House and Senate.
Diesch.-Biennial appropriation foi
Bureau OF Labor and Statistics.
Grahlcl.-To Fix salaries Of county
and probate clerk in counties ovei
$4,000 population.
Grabiel.-To require public and pri
.vate schools TO display American
-. - <s~ch Awoaefceu hlstapy