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Show CORPORATIO:. I TAX ADVAKCE IS PROPOSED Utah Solons Present Bill to Raise Franchise Rate 1 Per Cent OFFSET IS AUTHORIZED Repeal . of Delinquent 'Tax Publication Law Sought Legislative Day " - THE SENATE ' Received a bill from Senator Booth, Republican, Utah, regulating regulat-ing and auperviaing contractor; referred It to the revision and enrolling committee. Passed ( 17 to 0 the Calder bill conveying the Murray fish hatchery hatch-ery site to Salt Lake City. ' THE BOUSE Received a bill from Representative Represen-tative Lane. Democrat Salt Lake, relating to barbers; referred it to the manufacturing and commerce committee. Reeaived a bill from Repressn-tative Repressn-tative Vernon, Democrat Cache, making the blue spruce the official offi-cial (tat tree. ' Received a bill from Representative Represen-tative Hammond, Democrat Grand, and Eastman, Democrat Tooele, increasing corporation franchise tax rates; referred it to the revenue and taxation committee. com-mittee. - On th heels of a bill which would end personal In com tax rat soaring soar-ing another came to. the state leg-lalatlve leg-lalatlve hopper Wednesday" which would increase state corporation franchise taxes 1 per cent Th new franchise bill would Increase In-crease the rate from 3 to 4 per cent but would provide full property tax offsets, whereas the present law allows al-lows property tax offset, but limit them to one-third of the income tax. Authors of th measure are Representative Rep-resentative Frank O. Eastman (D., Tooele), and W. D. Hammond D Grand), who also sponsored the bill for raising personal income taxes. Revenue from taxes under the measure would be distributed 75 per cent to the state district school fund and IS per cent to the atate general fund, as in th present law. NOT RETROACTIVE Prevision of the act would apply only to the taxable year 1033, and succeeding taxable year. They would not be retroactive. Th bill also provide for computing comput-ing a tax for a period beginning in one calendar year and ending the following calendar year In case the tax rates in the two year ar different dif-ferent This contemplates the pro- posed tax bill taking effect some Ume this year. The house also received a bill 'Tuesday 'Tues-day from Representative Wallace R. Wayman (D Carbon), providing for licensing engineers snd surveyors. Th bill would msk it mandatory for all engineers practicing in the state to take an examination before a board of engineering examiners snd receive a license from the Stat director di-rector ot registration. A bill also received from Representative Repre-sentative Weston Vernon (D.. Cache), to designate the blue spruce as the official Utah state tree. UNDER STATE CONTROL The house also had before It a bill from Representative Arthur F. Miles ID., Washington), proposing to establish es-tablish Dixie college as a Junior college col-lege under state control. The measure asks for no appropriation, but Mr. Mile said he would ask for the appropriation ap-propriation committee to make $20.-000 $20.-000 available for th school for th 1033-3S biennium. Repeal ot the law which makes It mandatory to publish the delinquent tax list in each county annually is sought in a bill introduced by Rep-Centlnaea Rep-Centlnaea On sre Two! COnPOIiATIOil TAX ADVANCE IS PROPOSED a (Oeatiaaed treat Pace Oasl resentatlva Eldred M. Royle D Utah). A bill Introduced by Representative A. R. Creer D, Ulan), would enable boards of directors ot water users' associations to transact business without with-out the consent of all the stockholders. Representative Darreil T. Lane D Sslt Leke), Is sponsor ot a bill to Increase educational standards for barbers snd allowing barbers to broaden the scope of their activities. Public hesring on the bill by Representative Rep-resentative Frank Paxton (R., Millard), Mil-lard), to return to tha state courts tha power to appoint receivers for closed banks, was continued until Thuridsy at 10 10 a. m. by tha house banking committee, after a public session ses-sion Wednesdsy. J. D. Skeen, Sslt Lake attorney, appeared in behalf of the bill Wednesdsy, Wednes-dsy, declaring that power of appointment appoint-ment of receivers should rest with the courts rather than with the bank commission com-mission to eliminate politics in selections. selec-tions. Following Thursday's public hesring hesr-ing tha committee will go Into executive execu-tive session to consider the house measure concerning duties and powers pow-ers of the bank commission In rank liquidations. Now Codo Await , Governor Door Utah's revised code of laws awaited a proclamation by Governor Henry H. Blood Wednesday to become et-(ective. et-(ective. Tha governor officially disposed of the bill, so fsr as the leglslsture Is concerned, lata Tuesday when he signed his- name to the voluminous measure. The governor had received the bill from the legislature Monday with the ignsturas of President J. Francis Fowlaa of the senate and Speaker L A. Smoot ot the house attached, but referred it to Attorney General Joseph Che before signing It himself. The attorney general sent It back to the executive late Tuesdsy with his stamp of approval on it, and the governor signed it immediately. Disposition of tha code clears the way for new legislation In both houses, as the statute revision had been made special order of business. The senate and house already have placed bills on the third reading calender, cal-ender, but no attempt was made to push them to adoption because of the warning that such action would ba Invalid antil after the governor had signed the code bill. - Both houses will. reconvene Thurs-dsy Thurs-dsy at 1 p. m. following tha legislative legis-lative Junket to the Utah State Agricultural Agri-cultural college at Logan. |
