Smyrna times., 1927-04-13
lING FEE IS REPEALED JUST
4 II IIEE LEGISLATURE ADJOURNS
J UNITE ACT HAS PROYI-
m End UNPOPULAR TAX
Fac and Tax Cut Measures
Fllns ,j viii Cost s49O,OOO and
i,Dsata l''. School Building Program

NrE| Il
II nbicb ended early Saturday
i,g repealed the much-discussed
S g;rg fee. 1t is one of the most
4ant .4 measures which passed both
.las at the last minute. 1t
MI @ the present income tax law,
%,ngb It seems that some senators
N know what they were voting
an and incidentally has caused IA
.,tor; 70 sign a petition to the Gov
Il, to veto the measure because it
Il. ,be schools Of funds they need.
s,ts tbis. Secretary Of State Grant
| I syplained the bill. It provides
II, State School Tax Board of Ap-
n, 70 consist Of the secretary of
I, and two others to be named by
/. ,remor. The tax commissioner
Il na be a member of the board.
Il, Droyision for the repeal of the
Ia fee was included in this bill,
In vas known as House Bill 1872.
|s Mn was one Of three relating to
! 4. Sate Taxation system. 1t was
Irrn a the administrative measure.
4 4 the other bills related to the
rstsd capital tax, and the other
n iEe graduated income tax bill.
! ~ LATER two bills never came
M committee during the rush Of
1, s0sing hours Of the session and
sngh the fact that they had not
v uted on was called to the at
aim II the leaders of the upper
! vna # the General Assembly they
wEs content to let them die for
na5Was made to bring it up for
him. Under bills passed, it is
mr5 the school fund of the State
vi Az S49O,000 a year, Beginning
hS Is, next when the tax is again
Z This is expected to seriously af-
ie school fund and will also
y the effect it il claimed by those
have studied the matter, of de
ag the school building program
d was also passed by the Legis-
~. It IS estimated that the sur
in the school fund on June 80
"a will be somewhat in excess Of
80,OOO and in the school building
pgrsm passed by the Legislature
AOOQOOO a year is to be used for
tng new school buildings, provid-
y that the surplus reaches that
nt. Even should the building
Y gram receive the S1,00O,OOO pro
for the first year it is doubtful
can receive that amount for the
7 year because the fund will be
Wy short Of its present figures
aefefore the surplus may have to
d for the purpose of meeting
1penses Of the schools.
Which Have Caused Reduction
bills which will cause this
aR in school funds was the
Oil concurred in by the Senate
0ays before adjournment which
a Tor a cut in the school tax
4 estate from 25 cents on the
assessed value, the old law, to
" On the 500 Of assessed value
under the new law and the
ull concurred in by the Senate
aoslng hours of its sessions,
Ig for a bipartisan school tax
1d aooiishing the SO filing fee.
40! known that this bill abol-
Y ming fee until several hours
NAG passed and some doubt is
q as to whether it will hold.
@e law providing for a tax Of
on the 500 Of assessed value,
n received 100000 a year.
ne filing fee the State receiv-
9xlmately $25O,OOO a wear.
~ a total under the operation
sTo laws Of $85O,OOO a year.
u new laws the amount re-
n0m real estate will amount to
year and nothing will be
from filing fees which will
N ~ loss to the school fund Of
.,... year. Officers of the State
'r'lnent declined to discuss the
M, ~ ground that as they had
sue 70 secure copies Of the
llgspealing the filing fee, they
5a"Is 70 express an opinion.
was expressed as to
N .le lay will stand because it
:. 'psal certain sections Of the
" n school tax law which men
C,,,.ll ming fee. Secretary of
i iSliIand Si;I expressed the opinion
Dlll does abolish the filing
u, 'sys Article 5 Of the bill
!. section 10, Article 8, of the
n y ], law, which provides for
.s Y 2 filing fee. Section 10
u EI Vi the State school tax
n N ~ \ repealed by Section 5 Of
4. ouO"s; Section 19-Upon
lri.llln is.lnual return provided for
Al A'ts /. One, Two and Three
d DsDse sae taxable shall pay to
al,,sp pSitment a a filing fee of
b sss. 'ss., The Tax Department
I sIise Isceive and file a return IN.
ss '1.t fee is paid, and the Of
h sbsII return without paying
slaassu su ,,ll., not be construed to be
stur with the requirement to
ana shall not relieve a
Naanued on p..