[House Bill, No. 107.1 
 
 HOUSE OF REPRESENTATIVES, May 23, 1S64.— Read first 
 and second times. June 2, 180-4. — Engrossed, read a third time and 
 passed. 
 
 A. R. LAMAR, Clerk. 
 
 SENATE, June 3, 1864. — Read first and second times and refer- 
 red to Committee on Finnnce, and ordered to be printed. June G, 
 1804. — ]li ported -svitli amemlraents, and amendment!? ordered to lo 
 printed. 
 
 A I3ILL 
 
 To be entitled an not to amend the tax laws. 
 
 1 The Congress of the Confederale Staffs rf America do enact, 
 
 2 Tint, llie first, second and third sections of the act to levy addi- 
 
 3 lioniil taxes for the coi^imon defence .an:' srpport of the 
 
 4 (jovernment, approved sevcuteenlh February, eighteen handred , 
 
 5 p,nd sixtvfnur. bo nmondfd arid re enactn^ so as to read as 
 f! follows : 
 
 1 ^Sf.ctio.n I. That, in addition to ihc taxes levitii by tlie act to 
 
 2 lay taxes for the common defence and to cany on the Oovcrn- 
 
 3 ment of the Confederate* States, approved April twenty- fourth, 
 
 4 eighteen hundred and sixty-three, there sliall be levied from the 
 
 5 seventeenth day of February, eighteen hundred and sixty-four, 
 G on the subjects of taxation hereinafter mentioned, and collected 
 7 from every person, co-partnership, association, or corporation 
 
 4 
 
 S liable therefor, taxes as ftdlows — to-wit : 
 
5 
 
 9 I. Upon the value of all property, real, personal and 'mixed, 
 
 10 of every kind and description, not hereinafter exempted or taxed 
 
 11 at a different rate, five per cent. : Provided, That from the tax 
 
 12 on the value of property employed in agriculture shall be de- 
 
 13 ducted the value of the tax in kind derived therefrom during the 
 
 14 same year, as assessed under the law imposing it, and delived 
 
 15 to the Government, Avhether delivered during the year or after- 
 
 16 ward?, including the bacon deliverable after and not prior to the 
 
 17 assessment after the tax on property employed in agriculture, as 
 
 18 aforesaid, and the collection of the tax on such property shall 
 
 19 be suspended after assessment, under the order of the Secretary 
 
 20 of the Treasury, until the value of the tithes to be deducted can 
 
 21 be ascertained; and, ^bcn so ascertained, it shall be the duty of 
 
 22 tlic post quartermaster to certify, and .of the district collector to 
 
 23 deduct the amount of such tithes. And any balance found due 
 
 24 may be paid in bcinds and certificates authorized by the act to 
 
 25 reduce the currency and to authorize a new issue of notes and 
 2C bonds, in like manner as taxes payable during the year. 
 
 27 11. On the value of gold and silver ware, and plate, jewels, 
 
 28 jewelry and watches, ten per cent. < ►n the value of all shares 
 
 29 or interests held in any bank, banking company or association, 
 
 30 canal, navigation, importing and exporting, insurance, manu- 
 81 facturing, telegraph, express, railroad, dry dock companies, and 
 32 all other joint stock companies of every kind, whether incorpo- 
 
3 
 
 33 rated or not, five p$r cent., which tax shall be assessed against 
 
 34 and paid by the company in each case. And when the shares or 
 
 35 interests in any such company arc taxed, no other tax shall be 
 
 36 imposed under this act upon any property of such company rep- 
 
 37 resented by the valuation of such shares or interests, as directed 
 
 38 in the second section of this act, except the tax imposed by the 
 
 39 first para;graph after third section of this act. 
 
 1 Sec. 2. The value of property, shares and interests taxed 
 
 2 under the preceding section shall be assessed on the basis of the 
 
 3 market value of the same or similar property in the neighbor- 
 
 4 hood, wheVe assessed in the year eighteen hundred and sixty, 
 
 5 except that where lands, slaves, shares or interests have been 
 
 6 purchased since the first day of January, eighteen hundred and 
 
 7 sixty-two, other than land purchased by refugees and held and 
 
 8 occupied by them for their own use and residence, they shall be 
 
 9 assessed at the price actually paid for them by the owner, or, if 
 
 10 for any cause that cannot be ascertained, then at the market 
 
 11 value at the time of such purchase. Shares or interests created 
 It since the year eighteen hundred and sixty shall be assessed at 
 
 1 3 their actual cost to the present holder : Proinded, That no shares 
 
 14 or interests which are now worth par, or over par, shall bo as- 
 
 15 sessed at less than par. 
 
 1 Sec. 3. Upon the amount of all gold and silver coin, gold dust, 
 
 2 gold and silver bulliou, unlees purchased since the first day of Jan- 
 
4 
 
 3 uary, eighteen hundred und sixty-two^and then upon the actual 
 
 4 cost to the present holder, ten per cent., except where the ejinie 
 o is already included in the tax on shares or interests imposed by 
 G the first section of this act, and in such case ten. per cent. Icus 
 
 7 the amount of ta.x so imposed. And upon the value of all 
 
 8 moneys held abroad or bills of* exchange drawn therefor, and 
 
 9 prommiffsory notes, rights and credits payable in foreign countries, 
 
 10 five per cent., according to the value thereof at the place where 
 
 1 1 the tax thereon is payable at the time of assessment, except 
 
 12 where the same is included in the tax on shares or interests im- 
 
 13 posed by the first section of tViis act, and then five^er cent, less 
 \4 the amount of tax so imposed, payable in Confederate treasury 
 15 notes <jr four per cen£. bond.-< or certificates authorized by the 
 It) act of February seventeenth, eighteen hundred and sixty-four, 
 
 17 to redcco the currencv and authorize a new issue of notes and 
 
 18 bonds." 
 
 lU 11. rpon the amount of all solvent credits and of all bank 
 
 20 bills, and all other paper icucd as currency — exclusive of non- ^ 
 
 21 intcrest-boaring Confodoratj- notes and Confederate bonds — and 
 
 22 not employed in a rcgisten-d business, the income derived frera 
 2.5 which is taxed, five per cent, upon the par value thereof: Fru- 
 24 vided, That the income derived from Confederate bonds and 
 2.5 interest-bearing Confederate treasury noles shall be taxed as 
 2(i other income. 
 
1 ISec. 4. That paragrapli four, of section five, of the same act, 
 
 2 be iunciKied by addiug thereto as lollosvs : "la case of disagree- 
 
 3 meut between the owner and the officer as to the reduction of 
 
 4 taxes under thia" section, the question shall be settled by referees 
 
 5 as is provided in other cases of disagreement under the eighth 
 
 6 section of the act to amend an act, entitled an act to lay taxes 
 
 t 
 
 7 for the common' defence and carry on the Government of the 
 
 8 Confederate States, approved February 17th, 1864." 
 
 . 1 Skc» o. That paragraph six, section four, of the act to amend 
 
 2 an act entitled, "An act to lay taxes for the common defence and 
 
 3 carry on the Government of the Confederate States," approved 
 
 4 February 1 7th 18^4, he and the same is hereby amended so as 
 
 5 to include as wholesale dealers, manufacturers, and coal and other 
 6. miners, and salt manufacturers, who make it a business to sell 
 
 7 their own products to other dealers to sell again ; and that sec- 
 
 8 tion sixteen, of the same act, be and is hereby amended so as to 
 
 9 read as follows : * -^^ 
 
 10 I. The income, property, and money other than Ofenfederat^ 
 
 1 1 treasury notes, of hospitals, assylums, churches, schools, col- 
 
 12 leges, and other charitable institutions, shall be exempt from 
 
 13 taxation under the provisions of this act or any other law. The 
 M property of companies formed under the act entitled, "An act to 
 \o establish a volunteer navy," shall be exempt from taxation ex- 
 1 6 cept on the income. 
 
17 II. That paragraph six, section Rcvcn, of the same act. lie and 
 
 18 the Mine i» hereby nnicndcU by addiug thereto as ioUows : "If 
 
 19 any person shall fail to make <luc return, as required by said 
 2n section, of the income or profits taxed under any law of Cojigress, 
 
 21 or in case of drsagreement with the assessor, to submit the same 
 
 22 to referees, as provided by law, or shall fail or refuse to pay the 
 
 23 tax thereon, within such time as shall be prescribed by public 
 
 24 notice, by the district collector, under the direction of the Com- 
 
 25 missicner of Taxes, such person shall be deemed and held to be 
 
 26 in default. 
 
 1 Sec. 6 That this act shall not be so construed as to subject 
 
 S to taxation corn, bacon, and other agcicultuial products which 
 
 3 were produced in the year 1863, and in the possession of the 
 
 4 producer on the 15th of February, 1«64, and necessary for the 
 
 5 support of himself and family during the present year, and from 
 
 6 or on which taxes in kind had been deducted and delivered or 
 
 7 sf 
 
 1 Sec. 7. That section four,, paragraphs one and two, of the act 
 
 2 approved February 17, 1864, entitled "An act to levy additional 
 
 5 taxes for the common defence and support of the Government," 
 4 b« so amended as to levy an additional tax of fifty per cent, upon 
 
 6 the amount of all profits made by selling the articles mentioned 
 
 6 in the said paragraphs, between the 17th day of February, 1864, 
 
 7 and the first day of July next, which additional tax shall be col- 
 
 8 lected under said act. 
 
 DEC 
 
AMENDMENTS 
 
 Proposed by the Committee on Finance to the bill (H. R. 107) to 
 amend the tax laws. 
 
 1 I. Section one, line seventeen, strike out the word " after" 
 
 2 and insert the word <* of." 
 
 1 II. Section one, line twenty-three, strike out the word 
 
 2 ** amount," and insert the word ** value." 
 
 1 III. Section one, line twenty-four, after the word ♦* certifi- 
 
 2 Gates," insert the word " therefor." 
 
 1 IV. Section one, line twenty-six, after the word •* as," insert 
 
 2' the word " other." 
 
 1 V. Section one, line twenty-six, at the end of paragraph first, 
 
 2 add the following : "Provided that no credit shall be allowed 
 
 3 beyond five per cent." ' , ' 
 
 1 VI. Section one, line twenty-nine, in paragraph second, after 
 
 2 the word *' any," strike out all down to, and inclusive of, the 
 
 3 word *' not," in line thirty-three, and insert in lieu thereof as 
 
 4 follows : '* Railroad or canal company, or in any incorporated 
 
 5 bank, banking company or association." 
 
 1 VII. Section one, line thirty-nine, near the close of paragraph 
 
 2 second, strike out the word "after"' and insert the words "of 
 
 3 the." 
 
1 VIII. Section two, line eight, strike out the words '• and reSi- 
 
 2 dcnce." • 
 
 • 
 
 1 IX. Section two. lino thirteen, strike out the words "actual 
 
 2 cost to the present hoMor"' and insert the words ** market value 
 
 » 
 
 .'3 on the 17th day of February, in the year 18i'4." 
 
 i ^X. ^tril» out all of paragraph one, section three, and insert 
 
 2 in I'oii tlicrodf.is follows: " Tpon all proUl ami silver coin esti- 
 
 3 mated at par, and upon all gold dust and gold and silver bullion, 
 I estimated at its value in specie, unless purchased since the Ist 
 o day of January, 1862, and then estimated at the actual value in 
 G Confcdeniie treasury notes, ten per f-nt .except where the same 
 
 7 has :i!rc:i'ly l»"rii included in the tax on siiares or interests, un- 
 
 
 
 8 der the provisions of the first section of this act, and in that case^ 
 
 9 on the amount llius included, estimated at its specie value, there 
 
 10 filAl! Ito iNvid a tax of live ))er cent.: Provided, That nothing 
 
 11 iicrciii contained shall bo so coustrueil as to tax specie required 
 
 12 by tho provisions of its charter, to be held and kept on hand by 
 
 13 any bank; and upon all moneys held abroad, or bills of ex- 
 
 1} cliiitr."' drawn tlicrefoi-, and all pro'misory notes, rights, credits 
 
 15 and securities, payatde in furci^n couutrios, five per cent, upon 
 
 IG tho value thereof in Confederate treasury notes on the 17th day 
 
 17 of February, in the year 18G4. at the place whore tho tax thereon 
 
 •f I 
 
 IS is payable, excopt that where tho same is included in the tax on 
 
 10 sharos or intertst, imposed by the first section of this act, then 
 
• 9 . 
 
 20 and in that case there shall be deducted from the tax assessed 
 
 2! thereon, according to the value of 1864, as aforesaid, a sunJi 
 
 22 equivalent to five per cent, on the specie value of said moneys 
 
 23 held abroad, or bills of exchange drawn therefor, and promisory 
 
 24 notes, sight credits, and securities payable in foreign countries : 
 
 25 Provided, That all the taxes imposed under the provisions of this 
 
 26 act shall be payable in Confederate treasury notes, as prescribed 
 
 27 by law, or four per cent, bonds or certificates, therefor authorized 
 
 28 by the act of February 17, 1864, to reduce the currency, and 
 
 29 authorize a new issue of notes and bonds." 
 
 .1 XI. Section three, paragraph two, line twenty-one, strike out 
 
 2 the words ** and Confederate bonds." 
 
 1 XII. Section three, paragraph second, strike out the proviso. 
 
 1 XIII. Add as paragraph third, to section three, the following : 
 
 2 ** On the value of all shares or interests in any navigation, im- 
 
 3 porting, exporting, insuranc?^, manufacturing, telegraph, express 
 
 4 and dry dock companies, and all other joint stock companies, of 
 
 5 every kind, whether incorporated or not, except such as are 
 
 6 herein otherwise provided for, estimated at their market value 
 
 7 in Confederate treasury note's, on the 1 7th day of February. 
 
 8 1864, in the neighborhood who^e assessed, five per cent. 
 
 1 XIV. Section five, line thirteen, after the word " law," insert 
 
 2 ** bonds i.ssued by any State and." 
 
 1 XV. Section five, line twenty-eight, add after the word 
 9- 
 
Ill • 
 
 2 " default," at the end of paragraph two, eectiou five, the fellow- 
 
 •S ing : " Provided, That such person shall not be deemed and held 
 
 4 to be in default who may fail, or has failed, to make payment or 
 
 5 due returns in consecjuence of the presence or interference of 
 t) the enemy, or the absence or neglect of the officers charged with 
 7 the assessment and collection of taxes." 
 
 1 XVI. Section five, strike out in line first the words, " para- 
 
 2 graph sixth, section four," and insert the words, " section 
 
 3 sixteen." 
 
 1 XVII. Section five, lines four and five, strike out after the 
 
 2 words " as to " all down to and inclmling the j^ords " as to " in 
 
 3 line eight. 
 
 1 XVIII. Section six, after the word " family," in line fire, 
 
 2 insert the words, *' and to c.irry on his ordinary business." 
 
 1 XIX. Section seven, line four, strike out the word "fifty" 
 
 2 and insert ♦* twenty." % 
 
 1 XX. Add as section eight: "That on all treasury notes of 
 
 2 the old issue, of the denomination of five dollars, not exchanged 
 
 3 for new issue prior to Ist day of January, 1865, and which may 
 
 4 remain outstanding on that dSy a tax of one hundred per cent. 
 
 5 is hereby imposed." 
 
 1 .\XI. Add as section nine : " That .section seven of an act 
 
 2 entitled ' An act to levy additional taxes for the common defence 
 
 3 and support of the Government,' approved 17th February, 1864, 
 
.11 
 
 «4 be and the same is hereby repealed, and the following inserted in 
 
 6 lieu thereof: * 
 
 6 "I. The first section of the act to levy taxes foF the common 
 
 7 defence and to carry on the Government of the Confederate 
 <S States, approved 24th April, 1863, is suspended for the year 
 9 1864. 
 
 lU " 11. In all cases where a taxialevied on ii^ome derived from 
 
 1 1 property, on the amount or value of w^ich an ad valorem tax is 
 
 1 2 laid, the ad valorem tax shall be deducted from the* income tax : 
 
 13 Provided, That in no case shall lessi be paid than the »d val.orem 
 
 14 tax.- 
 
 15 •' III. In the assessment of income derived from manufactur- 
 
 16 ing or mining there shall be deducted from the gross income or 
 
 17 profits the necessary annual repairs, not exceeding ten per cent. 
 
 18 on the amount of the income* derived therefrom, and, in addition 
 
 19 to the deductions now allowed by law, the following shall be 
 
 20 made — namely ; The Confederate taxes actually paid by the 
 SI owner on sales made by him, and the commissions actually paid 
 
 22 by the consignor or shipper for selling, and in the production of 
 
 23 pig metal or pig iron the coet of fuel in smelting.