HERBERT R. O'CONOR, GOVERNOR. 1671

25. (h) (1). For the calendar year within which this
Act becomes effective, and for subsequent calendar years,
operating property in this State, except land, of railroads
worked by steam, shall be and is hereby declared to be
subject to a tax for State purposes at the special rate of
$1. 00 on each $100. 00 of valuation, in addition to the regu-
lar rate of taxation for State, County and City purposes.
Such State taxes at special rates, as nearly as may be, shall
be certified, billed, paid and collected, and subject to the
same provisions as are other ordinary State taxes under
this Article.

(2) If any railroad to which this sub-section is applic-
able -shall have failed or refused to pay the tax measured
by revenues from any such operating property imposed
by Section 95 of this Article for any year or years, not
barred by Section 160 of this Article or otherwise, pre-
ceding the year in which this Act become effective, or shall
have paid such tax for any such preceding year or years
and, upon mere compliance with the formalities prescribed
by Sections 162A to 162E of this Article, shall be entitled
to a refund thereof, then for each such year for which such
tax has not been paid and for each such year for which
such railroad is so entitled to a refund of the tax, the
operating property aforesaid of such railroad shall be and
is hereby declared to be subject to a tax for State pur-
poses at the special rate of $2. 00 on each $100. 00 of valua-
tion, and, if such property was exempt from other ordinary
State taxes for such year or years, it shall also be and is
hereby declared to be subject to such State taxes for such
year or years at the regular rate or rates fixed by law for
such year or years.

(3) If, as imposed by paragraph (2) of this sub-section
(h), State taxes at either the special or regular rate or
rates, or both, shall become payable, the State Tax Com-
mission shall forthwith certify the assessment or assess-
ments, for the year or years involved, of the operating
property in this State, except land, of the respective rail-
roads worked by steam to the State Treasurer, who shall
forthwith bill each such railroad for the special tax so due
by it at the rate of $2. 00 on each $100. 00 of each such
assessment. The Treasurer shall also bill each such rail-
road for other ordinary State tax on such assessment or
assessments at the regular rate or rates for the year or
years involved. Each taxpayer liable, as in this sub-
section provided, shall pay the tax or taxes imposed by this
Section and for which it shall be billed, as aforesaid, within
30 days from the date the bill therefor shall be mailed it