Evening star., 1951-05-06


or or the greater part par Of them to the treasury of
k an alternative donate them to the National Sym
~ phony Orchestra or better still, to the chidrens
Proposed RepeoI Of Tox on Household Goods
to repeal the personal property tax on household
effects The hearings win be by the Fiscal subcommittee Of the
Wyoming heads the Senate group and Smith
legislation advocated for long time by
Dent and been approved by the District The
Association and the various
this s from ep ts hts Of this repeal nsnaDs
They the Mcmillan Bill r. 2523 the Smith Bill R. $780,
and the Bill a companion to and
identical with the Smith Bill.
Analysis of House Bill $780,
Board of Trade has made analysis
and making comarisons with existing law where changes
proposed portions quoted
particular understanding the proposal
Section has for @ ITS the @ exemption zen Of certain
of specific items which would be exempt from taxation 1880
property which District of Columbia taxpayers generally
MCMILLAN and Smith Bills Compared
while the Mcmillan Bill specifically household goods
The D01 Sc ta % alb M
that held for sale held for trade business used
in trade business shall be exempt In addition the Mcmillan Bill
would subject to taxation professional libraries which under existing
law are arses exempt emp. ,.,,n.u ~,
missioners.
bills would
language scope encompass
and future possibilities
I'm both bills motor vehicles subject to tax.
Penalty Rates Reduced.
purpose pen
aies under laws relating to the following subjects Real estate
due under the District Unemployment Compensation Law
sales tax the 1889 income law all Of which provide
penalty to 4 OF per cent per month It would also reduce the
within having been sold
opposed pro-
posed reductions these reductions penalty
rates of interest charges reasonable readily
determined by comparison with other legal rates.
Under the District law the legal
Under the Small loans
ere IT,. rate Of per cent per month which rate
including notaral and recording fees and charges.
Appeal Procedure Amendment.
Section ESubSecton a) relates appeals
t. subsection existing law by providing that
the Court of Appeals shall have jurisdiction
the Board of Tax Appeals the
extent as it reviews decisions of the District Court civil
tried without jury"
Subsection existing to extend the rights
taxpayer to contest an increase in his real property
Section proposes amendment to Title TX the District
would establish fair
cred adequately by existing law and also make clear
found by it. whether
in the appeal deficiency assessment or an
claim for refund provided timely
claim petition asserting overpayment had been filed within
Court Of Tax Appeals
Section relates the Board existing
law the Commissioners authorized to
person to be called tine Board of Tax
Section would board to the Court of
Tax Appeals for the District authorize the
member of the board to called judge purpose of this
amendment to define this independent agency
separate and apart from the assessing
To purpose is repeal the obnoxious
features OF the persona tax law well
and merorous amendments existing community
has long stood together advocacy
expected to continue t united Of amped measure
proposed in the Smith Bill
House Hearings District 1852 Budget
Hearings the District appropriation bill for the
fiscal ending Thursday before the
House Appropriations District Chairman Bates
democrat OF Kentucky Other
Representatives Yates OF Illinois and Massachusetts
and Representatives Stockan Wilson
of Indiana Republicans The first
commissioners and Budget Officer Walter Fowler
John Russell Young opened hearing the
The estimates for the District fiscal wear total
$S678600 with appropriated for the current
Iyear. - ~ I
The eleventhou recommendation have
reqested inclusion OF item OF $4,000