Digest Of Provisions From State Constitutions And State Statutes Relative To The Taxation Or Exemption From Taxation Of Lands Of The United States

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ISBN 13 : 9781332243891
Total Pages : 178 pages
Book Rating : 4.2/5 (438 download)

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Download or read book Provisions of the State Constitutions Relating to Taxation written by and published by . This book was released on 2015-08-05 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Provisions of the State Constitutions Relating to Taxation: Report to the Joint Committee on Internal Revenue Taxation Pursuant to Section 1203 (B) (6), Revenue Act of 1926 In connection with its study of the Federal and State taxing systems, the staff of the Joint Committee on Internal Revenue Taxation submits herewith a compilation of the provisions of the constitutions of the several States with respect to taxation, which it is believed will appropriately billow the staff's report on the Taxing Powers of the Federal and State Governments. The present report does not, however, include interpretations of the courts relative to these constitutional provisions except in a very few instances where it seemed manifestly necessary so to do. Tins compilation shows not only the provisions of the several constitutions which directly relate to taxation and confer the powers, as well as prescribe the limitations or restrictions of the states and their various political subdivisions in this regard, but it also shows other provisions which bear some, but a less direct, relation to the subject, such as the Wife's Separate Estate, Alien, and Nonresident Property Rights. The community property States are also shown. The nature of the compilation of necessity makes it quite voluminous, and it is believed that without sacrifice to its value, a number of subjects can lie covered in a general statement and that in some instances they can be covered by a syllabus of constitutional provisions, and in other eases by a reference to such provisions alone. The subjects treated are as follows: (a) Legislative authority and origin of revenue bills.-With tho exception of Nebraska, which now has a unicameral legislature, the constitution of each State vests its legislative authority in a body of two chambers. By specific constitutional provisions revenue hills are required to originate in the lower chamber, or house of representatives, in the States of Alabama, Colorado. Delaware, Georgia, Indiana. Kentucky, Louisiana, Maine, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, and Wyoming. (6) Debt limitations. - A number of the constitutions have provisions limiting or restricting the public debt of the State and local taxing units. These provisions have so many exceptions with respect to the purposes for which additional indebtedness may be incurred, and with respect to bond issues, that it has not been thought necessary to include debt limitations in this report. It is proper to state, however, that in most instances increases above the constitutional limits may only be incurred by authority of the voters within the territory affected thereby. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.