Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1925-04-16
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Legislature ' n


Although the Wisconsin supreme
court In 4 to decision has sustained
the validity of the Wisconsin bank
tax law, indications about the legisla-
ture point to 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repealed and banks are taxed on an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-
sented at this session was bill for
the taxation of banks on an income
basis This measure is now pending
before the senate committee on cor
porations awaiting the decision of the
supreme court.
Practically every bank in the state
has petitioEed 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.
New bill are still entering the legis-
lature through committees though
most of them are of little Importance
and will be disposed of with little
delay.
The committee on judiciary has In
troduced measure in the senate MAX
ing it a felony to remove anyone from
an asylum or other institution without
lawful authority.
Senator LANCE has sponsored bill
throwing open school houses for re-
ligious meetings.
The committee on agriculture of the
assembly has Introduced bill for the
licensing of cheese and butter makers.
The committee on fish and game Of
the assembly has entered bill to pro-
hibit the poisoning of predatory ami
mails and the laying of any poison for
such purpose.
Assemblyman Math Koenings has
sponsored measure for the licensing
of all milk dealers.
Assemblyman e. B. Miner, st. Croix,
whose resolutions to amend the tax
bill were defeated in the assembly, has
appealed to Gov Blaine for aid.
In letter to the governor, Mr. Min
Ter states that he wishes to effect
amendment of the bill in two particu
lars The first is the repeal of the
occupational tax offset, which Mr..
Miner denounces as favoritism to
grain elevators and unfair to the farm
ers. The second is the inclusion of
the 6 per cent deduction, the provision
desired by the governor.
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 joint resolution providing for
the appointment of a 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
sembIy with the message that the
lower 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 bill passed by the
senate.
The senate has laid over the upper
Mississippi fish and game refuge bill
which proposes to cede 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.
Badger State Briefs
The North Western road will assume
all expenses of transportation for en-
ployes moving from Wyeville to
Adams. The division point has been
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