Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/49501
ON NOVEMBER 17, 1947, BORROWING ACT. â €"is authorized to hire one hundred million bolivianos to the Committee © Pro IV centenary of the Foundation of peace.
ENRIQUE HERTZOG G. Constitutional President of the Repašblica since, the Honorable National Congress has sanctioned the following law: the H. Congress national DECREES: Arta-culo lo.a€ "author-used to the IV centenary of the Foundation of the peace Committee, collapse an Empra © stito of one hundred million bolivianos (Bs. 100,000,000. â €" ") in Bolivia's Central Bank or other national banking institution or foreign" with a no more than 4% annual interest and a repayment of 10%, with destination to the works that is draws in this law: Arta-culo 2o.a€ "(Para la mejor solvencia de este emprÃ©stito modifÃ-canse los incisos e) (, h)(, i) and k) of the Act of 29 November 1943 and." (of December 1944, in the following terms: e) additional patent on mining properties in the Department, from Bs. 4 â €"by hectares area, without exception.
(h) additional tax on cigars and cigarettes that are consumed in the Department of La Paz, in the following proportion: A Bolivian for each pack of cigarettes abroad, being considered as such those used for its manufacture imported tobacco. Cigars in sheet foreign will undergo n a surcharge of 20% on current taxes;!
(i) two Bolivians of additional tax per litre of potable alcohol and a Bolivian per litre of brandy, which is consummated in the Department of La Paz;
(k) Bs. 25.a€ "for every bottle of fine imported drinks;" (Whisky, port, Coga±ac, champagne and others classified in the customs tariff), and Bs. 5.a€ "on the in second category a.
Arta-culo 3o.a€ "amortization and interests of this stito will be © Empra service n covered by resources created by law on November 29, 1943 and December 1944 1o.."
Arta-culo 4o.a€ "the proceeds of this Empra © stito Sera ¡(n invertidos en las siguientes obras: a) extension of sanitation and Hygieia © nicos in the city.!" PRA loan reversible to the owners poor pabres for house connections of culverts and construction of etaciones of toilet in the city? BS. 30.000000. â €"b) Forestacia³n of the city?" ("5,000,000. â €" c) building for the Instituto Normal Superior?... ("7,000,000. â €" d) National Park (where will be n placed presented by the Uruguay and sports fields sports teams!)? ("15,000,000. â €" e) for replacement parts and school construction?.? ("5,000,000. â €" f) empowerment of the asylum "San RamÃ³n"?. ("2,000,000. â €" g) empowerment and allocation of the asylum "Carlos Villegas"? ...? ("2,000,000. â €" h) Auditorium of the Hospital General de Miraflores?... ("500,000. â €" i) Pra © loan for the completion of the fair and subsequent development of the agricultural industry in provinces.? ("3,000,000. â €" j) Monografa-ACE of La Paz (balance)?. ("2,500,000. â €" k) management expenses of the officials of the Committee © Pro IV Centenario de La Paz? ("2,000,000. â €" l) covered Estadium?. ("6,000,000. â €" 11) for works in provinces distributed in equal measure, for each district?... "20,000,000. â €" Arta-culo 5o. â €"in funding, investment and execution of the works of the present law, shall n with the departmental authorities, members of each district."
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, on November 7, 1947.
M. Urriolagoitia.a€ "A. Landa-var Ribera.a€" M. Mogro Moreno, Senator Secretary. â €"N. Garca-a Cha time, Senator Secretario.a€"P! " MontaÃ±o, Deputy Secretario.a€ "A. Camacho pa³rcel, 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 seventeen day-as of the month of November one thousand nine hundred forty-seven years.
E HERTOZG. â €"C. Guachalla.
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