HB 503, 52nd R.S.
Relating to amending certain acts to provide that State general ad valorem tax moneys collected in excess of the amount donated and granted, and the amount of State general ad valorem tax granted and collected in excess of the amount needed to pay off and fully discharge all legal obligations shall be retained by the county or subdivision from which the tax was collected; making funds retained a trust fund and providing punishment for misapplication thereof.
Author: James B. Pattison
Subjects:
Taxation--Property-Assessment & Collection
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