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ACT NO. 1264
ACT NO. 1264 - AN ACT EXTENDING THE
TIME FOR THE PAYMENT, WITHOUT PENALTY, OF THE LAND TAX IN THE PROVINCE
OF ILOILO FOR THE YEAR NINETEEN HUNDRED AND FOUR UNTIL JANUARY
THIRTY-FIRST, NINETEEN HUNDRED AND FIVE, AND AUTHORIZING THE PROVINCIAL
BOARD OF THE PROVINCE OF ILOILO TO REVISE THE LISTS OF ASSESSMENT OF
LAND FOR THE PURPOSE OF TAXATION IN THE MUNICIPALITIES OF SANTA
BARBARA, BAROTOC NUEVO, PASSI, AND ILOILO IN SAID PROVINCE
Section 1. The period for
the payment, without penalty, of the land tax for the year nineteen
hundred and four in the Province of Iloilo is hereby extended to
January thirty-first, nineteen hundred and five. All penalties
heretofore collected for the non-payment of the land tax in said
province for the year nineteen hundred and four are hereby remitted,
and the provincial treasurer of the province is authorized and directed
to allow a rebate of the amount of such penalty to the taxpayer upon
whom the penalty was assessed upon payment of his land tax for the year
next ensuing.
Sec. 2. The provincial board of the Province of
Iloilo is hereby authorized to revise and correct any or all valuations
on the assessment lists of the municipalities of Santa Barbara, Barotoc
Nuevo, Passi, and Iloilo in said province, and to state the true
valuation in money of the United States in each case where protests
against existing valuations have been filed or shall be filed before
the revaluation herein provided for shall be completed and where in
such case it is made clear that the valuation now states upon the
assessment lists is erroneous and unjust, and to correct any and all
erroneous assessments in said municipalities. The assessment lists when
so corrected shall be as lawful and valid for all purposes as though
the assessments herein provided had been made by the board of tax
revision at the proper time.
Sec. 3. The reassessment herein provided shall be
completed on or before the thirty-first day of December, nineteen
hundred and four. The reassessment shall be made on due notice to the
municipal authorities of the municipality in which the land is situate
and to the individuals concerned, and each shall be entitled to be
heard before the revision board herein provided. No appeal shall be
allowed from the action of the said board, and the action of the
majority thereof shall be deemed to be the action of the board, and
binding.
Sec. 4. In all cases in which land in said
municipalities was assessed for the year nineteen hundred and two,
nineteen hundred and three, or nineteen hundred and four upon a
valuation of more than fifty per centum above the valuation fixed by
the provincial board as authorized by this Act, said board shall reduce
the assessment for the year or years in which such excessive assessment
was made to the amount of the assessment upon the new valuation
authorized by this Act, and the provincial treasurer shall comply with
the order of the provincial board by making the reduction upon the
records of the municipality and province. In case the taxes have been
paid upon the excessive assessment as described in this section, it
shall be the duty of the provincial board to allow a credit due for the
year nineteen hundred and five or the next succeeding year. In case the
tax has not been paid on the excessive assessment the taxpayer shall be
allowed to pay the tax on the reduced assessment, without penalty, at
any time before January thirty-first, nineteen hundred and five.
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-sixty, nineteen hundred.
Sec. 6. This Act shall take effect on its passage.
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