Report of the Special Joint Committee on Taxation and Retrenchment |
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acre administration amendment amount annual assessed value average banks basis bonds borrowing buildings canal capital cent charitable purposes committee communities corporation cost debt distribution districts earnings educational purposes equalization Erie canal estimated excess exclusively exempt from taxation exempt property exempt real property Exemption Provisions expenditures expense federal finance following property forest lands gasoline tax growth highway hospital improvements increase inheritance tax institutions interest issues June 30 legislative legislature maintenance ment motor vehicle municipal Non-Exemption Provisions Statutes operating expenditures operation owners payment percentage period personal property present profit property tax public utility railroad ratio real estate receipts result revenue Salary rates Schenectady sinking fund supervision Table tax burden Tax Commission tax exempt real tax law tax rate tax system taxa taxable taxes levied timber tion towns TRUBEE DAVISON United villages weighted pupil yield York City
Popular passages
Page 31 - No such law shall take effect until it shall, at a general election, have been submitted to the people, and have received a majority of all the votes cast for and against it, at such election.
Page 220 - But no such corporation or association shall be entitled to any such exemption if any officer, member or employee thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operations thereof, except reasonable compensation for services in effecting one or more of such purposes, or as proper beneficiaries of its strictly charitable purposes...
Page 31 - People, if no debt shall have been contracted in pursuance thereof, repeal the same, and may at any time by Law forbid the contracting of any further debt or liability under such Law ; but the tax imposed by such Act in proportion to the debt and liability which may have been contracted in pursuance of such Law shall remain in force and be irrepealable, and be annually collected until the proceeds thereof shall have made the provision hereinbefore specified to pay and discharge the interest and principal...
Page 31 - Shall this bill pass, and ought the same to receive the sanction of the people...
Page 27 - Finally, the use of the Baltimore and Ohio railroad and the Chesapeake and Ohio canal, which...
Page 30 - The State may, to meet casual deficits or failures in revenues, or for expenses not provided for, contract debts, but such debts, direct or contingent, singly or in the aggregate, shall not at any time exceed one million of dollars; and the moneys arising from the loans creating such debts shall be applied to the purpose for which they were obtained, or to repay the debt so contracted, and to no other purpose whatever.
Page 111 - All city, town and village officers whose election or appointment is not provided for by this Constitution, shall be elected by the electors of such cities, towns and villages, or of some division thereof, or appointed by such authorities thereof, as the Legislature shall designate for that purpose.
Page 121 - The excess caused by the discrepancy between the standard of reasonableness for the shipper and that for the carrier, due to the necessity of maintaining uniform rates to be charged the shippers, may properly be appropriated by the Government for public uses, because the appropriation takes away nothing which equitably belongs either to the shipper or to the carrier.
Page 158 - All buildings, and so much of the real property on which they are situated as may be required for the convenient use and occupation of said buildings, when the same are used solely and exclusively for religious worship, shall be free from taxation ; provided, that no building so used which may be rented, for religious purposes and rent received by the owner therefor, shall be exempt from taxation.
Page 220 - The real property of any such corporation not so used exclusively for carrying out thereupon one or more of such purposes, but leased or otherwise used for other purposes, shall not be...