Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1925-04-15
LOOKING IN
- ON THE
LEGISLATURE

Madison, Wis.-Although the Wis
consiu supreme court in a 4 to 3 de-
cision has sustained the validity of
the Wisconsin bank tax law, indica-
tons about the legislature point to a
repeal of the measure.
For years Wisconsin banks have
been taxed on their capital stock.
They have demanded that they be
taxed on their incomes. So keen has
been the controversy that nearly half
of the cities of the state have com
promised with the banks allowing them
a lower taxation than that provided
by law.
If the bank stock taxation law is
repealed and banks are taxed on an
income basis the amount received in
taxes will be approximately the
amount now paid by banks under the
compromise which they have made
with the different cities.
A bill to put banks on an income
taxation basis was defeated at the last
session of the legislature by close
vote one Of the first bills to be pre-
scented at this session was a bill for
the taxation of banks on an income
basis. This measure is now pending
before the senate committee on cor
p0rauons awaiting the decision Of the
supreme court.
Practically every bank in the state
has petitioned the legislature in favor
Of the passage Of the law which would
do away with the compromising Of
taxes. Bankers asked that this pro-
vision be Incorporated in the big in
come tax bill, but Gov Blaine urged
the banks TO present their case in a
separate bill
Branch Capitol Plan Defeated
Hopes Of the establishment of a
branch Of the state capitol in Milwau-
kee went glimmering Tuesday night
when the state senate in session here
killed a joint resolution providing for
the appointment of u special commit
tee to investigate and report on the
advisability of such action.
The administration tax bill has been
received by the senate from the as
sembly with the message that the
lover house had concurred in it. 1t
was sent to the senate committee on
enrolment, whence it will go to the
printer as an act and go to the gov
ernor for signature.
Street railroad companies are per-
mitted to issue securities for motor
bus lines operated by them under the
provisions Of a bill passed by the
senate.
The senate has laid over the upper
Mississippi fish and game refuge bill
which proposes to cole 200 miles of
bottom lands along the western edge
Of the state to the federal government
for conservation work. Gov. Blaine's
substitute bill will be considered first.
No Change in Highway Board
Administration forces received their
frst important defeat of the present
session when the senate voted 10 to 8
to kill The bill for the adjustment of
ex-officio members of the state high
way commission. Lined up against
the Blaine forces on the bill to abolish
the eX-officio members of the highway
commission were the conservatives, the
socialists and the anti-administration
progressives.
The senate killed the bill about 1
o'clock in the morning, after having
been in session at that time for six
teen consecutive hours, with the doors
locked and the sergeants guarding the
entrances. All meals were carried in
to the senators during the day.
The administration senators resorted
to every parliamentary practice to de-
lay the vote on the bill. Filibusters,
substitutes, calls Of the senate were all
included
The roll call was as follows:
Against Eumination-Bilg Car
roll, Boldt, Casperson, Daggett, Gettel-
man, Hull LANCE, Michigan, Padway,
PoIakowski, Quick, Roethe, Sauthoff,
Schuman, Severson, Smith, Titus,
Nhite.-19.
For Observation-Disclosures, eastman,
Chase Englund, Carey, Heck, Johnson,
Kemp Staudenmayer-9
After the bill had been indefinitely
postponed and all the substitutes and
amendments rejected, Senator Harry
b. Sauthodc of Madison moved for re-
consideration and asked that the rules
be suspended for this purpose. The
intent Of the Madison senator was to
kill imnedi ately the bill for the re
mainder Of the session.