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Session Laws, 1922
Volume 563, Page 1497   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 1495

under the terms of said Act, and if such tax shall not be in
force for a period of twelve months, then the average monthly
tax shall be computed and multiplied by twelve as representing
the revenue to be derived therefrom for a period of one year.
The Governor shall thereupon compute the difference between
the net receipts from the registration of gasoline propelled
vehicles during the periods aforesaid, and double the net
revenue computed as aforesaid derived from said one
cent tax on motor fuels. If double the amount of net
revenue computed as aforesaid derived from the one cent tax
on motor fuels shall exceed the net receipts from the regis-
tration of gasoline propelled motor vehicles during the afore-
said period, the Governor shall promptly certify that fact to
the Commissioner of Motor Vehicles and from and after Jan-
uary 1, 1924, the registration fees imposed by Article 56 of the
Code of Public General Laws in the case of gasoline propelled
vehicles equipped with pneumatic tires, shall no longer be
charged or collected, but in lieu thereof the Commissioner of
Motor Vehicles shall charge and collect a registration fee of
$1.00 in the case of a gasoline propelled motor vehicle equipped
with pneumatic tires owned by a resident of this State and
intended to be operated herein. But if twice the sum received
from the one cent tax on motor fuels computed as aforesaid
shall be less than the net receipts from the registration of gaso-
line propelled motor vehicles during the same period, then the
Governor shall ascertain the ratio which the difference bears to
such net receipts from registration, and shall apply such ratio
to the 60 cent per horse power now charged in the case of
the registration of a gasoline propelled motor vehicle equipped
with pneumatic tires, and shall thereby determine the number
of tents per horse power which would be necessary to make up
such difference. If the result is a fraction of a cent per horse
power then the next nearest and greater whole cent shall be
taken. The Governor shall, no later than November 1, 1923,
certify the figures so ascertained to the Commissioner of Motor
Vehicles and from and after January 1, 1924, said figures
shall be the sum per horse power to be charged and collected
in the case of all gasoline propelled motor vehicles equipped
with pneumatic tires required by law to be registered in this
State in lieu of the rate per horsepower now authorized by
Jaw. In either event all existing provisions of law relating
to the collection, custody, remittance and use of fees charged
for registration of motor vehicles shall be applicable, to the
new flat registration fee of $1.00 or the new rate per horse

 

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Session Laws, 1922
Volume 563, Page 1497   View pdf image (33K)
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