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HJR 25, 48th R.S.

Proposing an amendment exempting all corporations created under under Chapter 86, Acts of the Regular Session of the Forty-fifth Legislature from all State, County, and School District ad valorem taxes during the period from the date of such incorporation To December 31st next, following the expiration of eight (8) years from such date of incorporation, but this amendment shall not authorize remission or cancellation of any taxes paid or accrued prior to the effective date of this amendment.

Author: John Junior Bell
Coauthor: Howard G. Hartzog

Subjects:
Corporations & Associations
Resolutions--Constitutional Amendments
Taxation--Property-Exemptions

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