COMPUTING TAXES ON UNSECURED PROPERTY.

Publication Year:
1936
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artifact description
Assembly Constitutional Amendment 42. Amends Constitution section 9a, Article XIII. Declares taxes levied for any current tax year upon personal property and assessments upon possession of or upon claim or right to possession of land and taxable improvements on land exempt from taxation, if not a lien upon land of sufficient value to secure their payment, shall be based upon tax rates tor preceding tax year upon similar property where taxes were a lien upon land of sufficient value to secure payment thereof. Permits equalization of assessment on such property.