Property Tax Relief and Reform Act of 1973: Hearings Before the Subcommittee on Intergovernmental Relations ..., 93-1, May 2, 3, and 4, 19731973 - 948 pages |
Expressions et termes fréquents
Albert Gore Allen appeals appraisal companies Assessing Officers assessors assistance board of equalization Chairman circuit breakers clients Clifford Allen CLT's Cole-Layer-Trumble committee conflict of interest contract Cook County cost court Davidson County division of property elderly exempt fact Federal Government Federal income tax fee appraisal finance GORE GUNLOCK hearings Henderson homeowners incentive increase industrial inequities Intergovernmental Relations Knox County legislation legislature mapping and reappraisal mass appraisal firms ment million mobile homes Morgan County Nashville Nashville Banner officials parcel praisal problem procedures professional property assessments property owners property record card property tax reform property tax relief property tax system Randall Henderson real estate tax real property reappraisal program relief and reform require residential property taxes revaluation program revenue Senator GOLDWATER Senator MUSKIE Senator PERCY SHADRAWY staff standards statement subcommittee tax bill tax mapping taxation taxpayers Tennessee Mapping testimony tion valuation
Fréquemment cités
Page 172 - ACTIONS (a) Prerequisites to a Class Action. One or more members of a class may sue or be sued as representative parties on behalf of all only if (1) the class is so numerous that joinder of all members is impracticable, (2) there are questions of law or fact common to the class, (3) the claims or defenses of the representative parties are typical of the claims or defenses of the class, and (4) the representative parties will fairly and adequately protect the interests of the class.
Page 191 - Government must be regarded as so preeminently a concern of all, that to determine who are most interested in it is of no real importance. If a person or class of persons receive so small a share of the benefit as makes it necessary to raise the question, there is something else than taxation which is amiss, and the thing to be done is to remedy the defect, instead of recognizing it and making it a ground for demanding less taxes.
Page 205 - All property shall be taxed according to its value, that value to be ascertained in such manner as the Legislature shall direct, so that taxes shall be equal and uniform throughout the State. No one species of property from which a tax may be collected shall be taxed higher than any other species of property of the same value.
Page 171 - The General Assembly shall provide by law for a uniform and equal rate of assessment and taxation, and shall prescribe such regulations as shall secure a just valuation for taxation of all property...
Page 205 - This court holds that the right of the taxpayer whose property alone is taxed at 100 per cent. of its true value is to have his assessment reduced to the percentage of that value at which others are taxed even though this is a departure from the requirement of statute. The conclusion is based on the principle that where it is impossible to secure both the standard of the true value, and the uniformity and equality required by law, the latter requirement is to be preferred as the just and ultimate...
Page 199 - . . . land actively devoted to farm or agricultural use shall be assessed on the basis of such use and shall not be assessed as if subdivided.
Page 205 - The essence of diversity jurisdiction is that a federal court enforces State law and State policy. If North Carolina has authoritatively announced that deficiency judgments cannot be secured within its borders, it contradicts the presuppositions of diversity jurisdiction for a federal court in that State to give such a deficiency judgment. North Carolina would hardly allow defeat of a State-wide policy through occasional suits in a federal court. What is more important, diversity jurisdiction must...
Page 205 - What is more important, diversity jurisdiction must follow State law and policy. A federal court in North Carolina, when invoked on grounds of diversity of citizenship, cannot give that which North Carolina has withheld. Availability of diversity jurisdiction which was put into the Constitution so as to prevent discrimination against outsiders is not to effect discrimination against the great body of local citizens.
Page 205 - Board, to increase or lower the entire assessment roll, or any assessment contained therein, so as to equalize the assessment of the property contained in said assessment roll, and make the assessment conform to the true value in money of the property contained in said roll...
Page 187 - property," as used in this article and section, is hereby declared to include moneys, credits, bonds, stocks, dues, franchises, and all other matters and things, real, personal, and mixed, capable of private ownership...