Texas Senate and House Proceedings Pass Key Tax Bills
Austin Texas The Dinkle income tax and Pope text book bills passed finally in the Senate with votes 18 to 7 and 21 to 7. The Dinkle measure adds corporate banks ad valorem tax rules and limits deductions. a Witt amendment to drop county ad valorem reductions was tabled. The bill taxes incomes above 2500 dollars at 2 to 10 percent, about 60 percent of the federal tax. the House version sets 20 percent of the federal tax. The session also advanced the departmental appropriation bill, trimming about 60 000 dollars from the 6 000 000 total and heard related reports and conference committee appointments. Governors and committees discussed Penitentiary contracts and A M College land purchases while other bills on liquor taxation insurance separation and oil permits advanced or were amended.
MENTIONED IN THIS ARTICLE
Austin
Tex
Senate
Witt
Board of Health
House
Tex Irwin
Fairchild
Ridgeway
Texas
Cotton States Commission
Carpenter
Red River
Turner
Derwin
Cowen
Floyd
AMS
Bowers
Lackey
Johnson
Jacks
Holbrook
Wharton
Matagorda County
Fugler
Mathes
United States
Sheppard
Mayfield
Baugh
Jennings
Railroad Commission
Murphy
Sam Houston
Doyle
M. Lands
Watts
Wood
Lewis
State Historical Board
Parr
Clark
Thomas
Smith
Pope
Quinn
Rountree
M. College
Youngblood
Hull Youngblood
Nelson
Irwin
Stewart
Edwards
State Park Board
Melson
Patman
Refunds Ordered on Tax Ruling for Holding Companies
Washington reports a new ruling by Internal Revenue Commissioner Blair requiring refunds of millions of dollars. The decision exempts certain dividends of holding corporations from income tax and reverses prior practice that taxed such distributions. Refunds will apply to claims filed under the 1913 earnings distribution amendment, with many cases unsettled pending reaudits and determinations.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Blair
International Revenue Bureau
Bureau
Forecast of 1924 U S planting program in detail
The Agriculture Department forecast winter wheat production at 678,287,000 bushels, down 1.4 percent from 1922, with rye at 74,510,000 bushels and hay at 100,853,000 tons. State yields include Pennsylvania 21,109,000, Ohio 31,300,000, Indiana 30,293,000, and Washington 33,468,000 bushels. May 1 area 39,750,000 acres, 14.3 percent less than last autumn.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Pennsylvania
Ohio
Indiana
Michigan
Iowa
Missouri
Nebraska
Texas
Homa
Colorado
Oregon
California
VAIL MEDAL AwarDED TO THREE TEXAS TELEPHONE WORKERS
Dallas report notes three Texas telephone employees Doris Howard Wilbur Roberts and John Ross received the Vail medal for courage and devotion to duty In floods of April 25 26 and 200 homeless. Ross aided two elderly women. Roberts saved a boy and then himself with first aid skills. Also mentions San Antonio election results and New Orleans rice market activity.
MENTIONED IN THIS ARTICLE
Dallas
Tex
Texas
Vail
Shuman
Doris Howard
San Saba
Wilbur R. Roberts
Victoria
John.a. ‘Ross
Fort: Worth
Howard
Ross
Trinity
Roberts
Matagorda
Also Mentioned on This Page
Dinkle
Henderson
Bell
Burkett
Neff
Powers
Abney
Harrington
Patterson
Grantford
Bill
Department of Health
Stuart
Regu
Pollard
Sam Houston Memorial
E. W. Cole
Congress
Wee
Houston
San Jacinto
Board
of. Agriculture
Commission
The
U.S
San Antonio
Tex —John
Tobin
Bexar County
Stoner
New Orleans
New
Orleans
South
America
Incy
OUR Comic
W.N.U
Fanny
Europe
Lancery
Novi
Ama
FAOPE
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