Loan. -Interpret Article 3 ° Of The Act Of May 20, 1947, In Respect Of That The Executive Branch Will Float Globally Of Bs. 200,000,000.-

Original Language Title: EMPRESTITO. — INTERPRÉTASE EL ARTÍCULO 3º DE LA LEY DE 20 DE MAYO DE 1947, EN SENTIDO DE QUE EL PODER EJECUTIVO FLOTARÁ GLOBALMENTE EL DE BS. 200.000.000.—

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July 24, 1948 law

ENTERPRISE. †" Interact the Article 3A of the law of 20 May 1947, in the sense that the Executive Branch will float globally that of Bs. 200,000,000,⠀"

MAMERTO URRIOLAGOITIA H.

VICE PRESIDENT OF THE REPUBLIC AND PRESIDENT

OF THE NATIONAL CONGRESS

For how much: the H. National Congress has sanctioned the following Law:

THE H. NATIONAL CONGRESS,

DECRETA:

Single-ass. †" It is interpreted the third article of the Law of 20 May 1947, of extension of tax credits, in the sense that it corresponds to the Executive Branch to float globally the undertaking of the two hundred million Bolivians (Bs. 200,000,000,†") with garantA-a and general resources of the State, be national, departmental or municipal, taxing these two last up to 4% for distribution according to the special laws that as emerging from the 20 of May of the present year have been dictated in favor of the District of the Republic.

Communicate to the Executive Branch for constitutional purposes.

Session of the H. National Congress.

La Paz, November 11, 1947.

M. Urriolagoitia.â € "A. LandA-var Ribera.â €" M. Mogro Moreno, Senator Secretario.†"A. Sarti, Senator Secretario.â€" P. Montaà ± o, Diputado Secretario.†" A. Camacho PAOL�rcel, Deputy Secretary.

Therefore: in exercise of the faculty conferred by Article 79 of the Political Constitution of the State, promulgated it so that it has and will comply as Law of the Republic.

Palace of the National Congress, in the city of La Paz, to the twenty-four days of the month of July of a thousand nine hundred Forty-eight years.

M. URRIOLAGOITIA.â € " M. Mogro Moreno, Congreso Secretario.â€" A. Camacho Pásírcel, Congreso Secretario.