Section 1. In all cases
in which land assessed for taxation in the city of Manila for the years
nineteen hundred and one and nineteen hundred and two was assessed at
more than fifty per centum above the assessment of the succeeding year,
as revised by the board of tax revision appointed under Act Numbered
Five hundred and eighty-one, entitled "An Act to provide for the
revision of the assessment upon real estate in the city of Manila," the
Municipal Board of the city of Manila is hereby authorized and required
to reduce the assessment for the years nineteen hundred and one
nineteen hundred and two to the amount fixed by the board of tax
revision for the same land for the year nineteen hundred and three, and
the city tax assessor and collector shall comply with the order of the
Municipal Board by making the reduction upon the records of the city of
Manila.
Sec. 2. In all cases in which the money has been
paid upon the excessive assessment as described in section one, either
for one or two years, the city tax assessor and collector shall allow
the amount of such excess payment to be applied upon the taxes due for
nineteen hundred and three, or some subsequent year.
Sec. 3. In case the tax has not been paid on the
excessive assessment, then the taxpayer or person from whom tax is due
shall be allowed to pay the tax on the reduced assessment without
penalty at any time within two months after the passage of this Act;
and all proceedings for the sale of land because of a delinquency of
payment on the excessive assessment as defined in section one shall be
discontinued and held for naught, and the title to the land shall
remain in the delinquent taxpayers, subject only to the lien for taxes
on the assessment as reduced in accordance with section on hereof:
provided, That if the amount of taxes due on the reduced assessment is
not paid within the said two months, the same procedure shall be
followed in their collection as in other cases of delinquent taxes.
Sec. 4. In cases of excessive taxation described
in section one hereof in which the land shall have been sold to a third
person for failure to pay taxes, the delinquent taxpayer, upon
redeeming his land, shall be entitled to a credit, for use in payment
of future taxes, for the amount expended by him over and above the tax
without penalty at the reduced assessment. In case the land shall have
been purchased by the Government, the proceedings shall be by the
Municipal Board declared null and void, and the title shall revert to
the delinquent taxpayer on payment of the amount due on the assessment,
as reduced in accordance with the terms of section one of this Act,
within two months from the passage of this Act.
Sec. 5. The public good requiring the speedy
enactment of this bill, the passage of the same is hereby expedited in
accordance with section two of "An Act prescribing the order of
procedure by the Commission in the enactment of laws," passed September
twenty-sixth, nineteen hundred.
Sec. 6. This Act shall take effect on its passage.
|