PROPOSED REVENUE LAW. Recent decisions of the Supreme Court of California having made necessary a change in the Revenue Laws of the State, the subject was brought prominently before the members at the Seventeenth Session of the Legislature. Laws were passed amending the laws on the statute books to conform to the opinions of the highest tribunal in the State; but the necessity of a comprehensive law, to be applicable and to operate equally on property in every portion of the State, was apparent to all. The bill herewith published was introduced by Senator Shaw of San Francisco on March eleventh and referred to the Committee on Finance and favorably reported; but the short space of time intervening before the expiration of the session by constitutional limitation, and the press of other business, precluded that calm consideration of the bill which its importance demanded. Therefore the Senate, by a unanimous vote, ordered it printed and copies thereof distributed to members of the Legislature and revenue officers throughout the State, that the subject may be thoroughly considered, and the bill perfected and acted upon at an early period in the Eighteenth Session of the Legislature. |
