Law 217

Original Language Title: Ley 217

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LAW NA ° 217 MAMERTO URRIOLAGOITIA H. President constitutional of it Repašblica as: the Honorable Congress national has sanctioned the following law: the Congress national DECREES: Arta-culo lo.a€ "Cra © ase in the Department of the peace the tax of the 3% of plus-Vala-to on the difference between the price cadastral of it property urban and Ra ° feature and which is set in all minuta of transfer that is present to them offices of taxes internal" to be paid by the seller, unless the parties otherwise Convention.
Arta-culo 2o.a€ "them solar not built within the radio urban of the city and capital of provinces and cantons, will pay n the tax of 1% annual on the value cadastral, tax that is Hara effective with the surcharge of the 1 / 4% that benefit to the office collection.!!!" For the payment of this tax is taken the land price of the property according to the law of 25 October 1944 and regulatory decree of April 30, 1945.
Arta-culo 3o.a€ "this tax is de face departmental character and benefit to the municipality in the capital. and the municipal boards in provinces" These resources will be n collected by offices dependent on the General Directorate of internal revenue, departmental and Municipal Treasury, the same that will be deposited n in a special account in the Central Bank of Bolivia to the order of the municipality in the amount of proceeds.!
Arta-culo 4o.a€ "of those funds from of this law, the municipality of the peace will the 70% and the 30% remaining, will be distributed in form equal between them together municipal of provinces.!!"
Arta-culo 5o.a€ "the share part that it corresponds to the municipality of La Paz by this law is A-fully. invested in sanitation of the city, not available in other purpose under their exclusive responsibility"
Arta-culo 6o.a€ "is authorized to the municipality of La Paz, to hire an Empra © stito in the Central Bank or institutions of credit of the Paa-s or abroad, or to issue bonds, with warranty-these resources up to the amount of works presupposed in every case.

Arta-culo 7o. à €"the Executive Reglamentara the present law.!"
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
La Paz, 20 December 1949.
(Fdo). Waldo Belmonte Pool.a€ "(Fdo)." Luis Ponce Lozada.a€ ' (Fdo). " C. Lopez, Senator Secretary. (Fdo) E monastery, Senator Secretary. (Fdo). G. Alvarez S., Deputy Secretary. (Fdo). Peter Montaño, Deputy Secretary.
THEREFORE: I enacted it is and meets as a law of the Republic.
Government Palace, in the city of La Paz, to the five decades-as of the month of January of one thousand nine hundred and fifty years.
(Fdo). MAMERTO URRIOLAGOITIA à €"(Fdo.)" R. stop Sua rez.!