People's Pilot, Volume 5, Number 31, Rensselaer, Jasper County, 6 February 1896 — Iowa May Have a Special Session. [ARTICLE]

Iowa May Have a Special Session.

Des Moines, lowa, Feb. 5. —The senate committee on ways and means has decided to report an amendment to the revenue laws of the state, limiting the possible state levy of taxes to 2% mills. It is also provided that the property shall be assessed at 50 per cent of its value, whereas now 25 per cent is the average assessed valuation in lowa. It is the belief that an increased assessment will so lower the necessary tax levy that there will never be occasion to exceed 2% mills. The appearances indicate that an extra session of the legislature will be held. There is dissatisfaction with the work of the code commission. It is said to have written new laws instead of codifying those already on the statute books. It is therefore opposed by lawyers and legislators alike.