Loading...
HomeMy WebLinkAbout70-050orcnr rr~rrnni Resolution Supporting Enactment of 1970 Senate Bill No. 305, an act to amend certain code sections pertaining to State reimbursement to Counties for loss of revenues by reason of partial exemption of business inventories from taxation. WHEREAS, there is now pending, in the legislature~ Senate Bi.ll No. 305 and Assembly Bill No. 173~ both purporting to provide adequate State Reimbursement to counties for the loss of revenues from the paxti.a]. exemption of business inventoxies~ and WHEREAS, AS 173, as amended March 19, ].970, has not provided for reimbursement to the County of Butte for its total loss of $209,852.7I for 1969-70 nor has it provided an equitable fosmula for rei.mbursi.ng counties for their tax losses in future yeaxs, and WHEREAS~ ~B 305~ as amended April 2, 1970, provides for a fair and equitable State re9.mbursement to coun~ies for the total loss of business inventory tax revenues £or the J.9b9-70 year and all future years, NOW, THEREFOf?E~ B~ IT A~SOLV~D, that the Board of 5upervisors of the County of Butte advocates the enactment o£ Senate Bill No. 305, in its current form; and expresses its opposition to Assembly Bill No. 173 unless it is furtYaer amended to provide the same equitable and fair conditions as provi.ded by Senate Bill No. 305. PASSED AND ADOPTED by the Board of Supervisors of the County of Butte~ State of California, thfs 14th day of _~nri 1 , 1970, by the £ol.lowing vote: AYES: ~pexvisoxs Howsder~~ Maxon~ Re3~o~d~~ ' . - , Chairman Aunaway NOES: ~one ABSENT: Supervisor McKillop ~, ~ri c~~_ ~ //1-!j~ ~z ~.~~..~~~~- 0. E. DUNAWAY, Chairman Board of Supervisors of the County of Butte ATTEST: CLARK A. NELSON, County G1erk and ex-officio C1erk of the Board of Supervisors APPROVED AS TO FORM ~//~ /~ 6utte Coun~}y Counsel $y ~~~L L. ~~i+~ ~ Deputy D i c st k By ` /•• •~. ' .'y~f:r~.t-~....~...... ~U ! ~