Texas Social Security Tax Proposal Amends Constitution
A joint resolution proposes adding Section 51 E to Article 3 to authorize a statewide social security tax. It outlines tax rates on retail sales, utilities, and telephone services to fund Old Age Assistance, needy blind, destitute children, Confederate pensions, and the Teachers Retirement Fund, with caps and distributions to the Available School Fund. It also defines collection methods and a severance tax on sulphur.
MENTIONED IN THIS ARTICLE
State of
Texas
Confederate Pension Fund
Teachers’ Retirement Fund
Senate
State of Texas
Texas Old Age and Social Security Tax Amendment Text
Provisions levy severance taxes on gas and oil produced in the state with a Social Security Fund revenue plan. Revenues fund Old Age Assistance, Needy Blind and Teacher Retirement, with detailed tax rates, reporting, and fund balance rules. The measure limits increases and sets exemptions for dairy products, newspapers, interstate sales, and government transactions.
Proposed Texas Amendment Tax Social Security Old Age Aid
The text outlines a proposed Texas constitutional amendment to create a system of Old Age Assistance funded by a new social security tax, to be voted at a special August 1939 election. It details ballot wording for supporters and opponents, automatic tax expiration in 1944 unless re-adopted, and a 1942 general election repeal option. The governor is directed to issue a proclamation and $20,000 is appropriated for publication and election costs.
MENTIONED IN THIS ARTICLE
Social Security Fund
Texas Old Age Assistance Fund
General Revenue Fund
Texas
Starvation Wage Paid Lawmakers Says Dallasite
Texas legislators faced long days with pay of ten dollars daily for 120 days then five dollars daily, with no overtime. Representative Colquitt defended the work load, noting committee meetings reading bills and constituent work. The piece ends mentioning a diabetes afflicted group in England publishing its own newspaper.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Rawlins Colquitt
England
Also Mentioned on This Page
Business and Government
Business News
U. S. Industry and Labor
S. H. Montgomery Agency
Dallasite
A. Y. Creager CO. M. & P. Bank Bldg
Sherman, Texas
Glen Earnheart
Whitewright, Texas
The
First National Bank
Member
Federal Deposit Insurance Corporation
Commerce St
Woodstock
Dallas, Texas
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