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LAW Fondos.a€ "bound for Pa works public of the Santa Cruz Department, Cra © ase as a cumulative of several taxes."
ENRIQUE PEA'ARANDA C. CONSTITUTIONAL PRESIDENT OF THE REPAŠBLICA.
As the H. Congress national, has sanctioned it following law: the Congress national, DECREES: Arta-culo 1a °. a€ "(with destination to the completion of works Pa ° public in the Department of Santa Cruz, is creates in quality of funds cumulative, them following yields: to) the assignment of the sum of a million of Bolivian (Bs. 1,000,000) by year and during five years" , from 1941, in accordance with the Empra © stito, detailed in this law.
(b) the tax of five cents per hectare area of land granted by the State, within the Department of Santa Cruz, in accordance with the Supreme Decree of October 5, 1939, rising to the rank of law.
(c) a tax in a Bolivian per cent on the sale of wood of construction used in the city of Santa Cruz.
(d) an additional tax of 0.10 cents on every liter of Alcohol that occurs in the Department of Santa Cruz.
(e) an additional tax of 0.05 cents on every liter of brandy that is produced in the Department of Santa Cruz.
(f) an additional ad valorem tax, of 2 per cent, calculated on the spare parts of cars and trucks that are sold by agencies and trading houses of the city of Santa Cruz.
(g) a tax additional of 0.50 cents for each 46 kilos of cal that is interne for consumption of the city of Santa Cruz.
(h) the performance of the tax on drinking water of the city of Santa Cruz.
(i) an additional tax on tobacco, cigars and cigarettes consumed in the Department of Santa Cruz, on the following scale: five bolivianos per 100 grams of imported tobacco that is sold in the Department.
Fifty cents for every Pack of cigarettes foreigners that are band in the Department.
Ten cents for every Pack of domestic cigarettes sold at the same Department.
Leaf cigars, foreign, will have n a surcharge of 30 percent on current taxes and domestic cigars on sheet a surcharge of 10% on current taxes.!
j) 1 per cent on the market value of the properties and the environment per thousand of the market value of the properties Ra ° features.
Arta-culo 2a °. â €"funds from the yields previously listed, will be collected by tax and municipal offices n, respectively, as well - as private companies that are in charge of the development of the taxed activities, Deposita ndolos under his responsibility for the Central Bank of Bolivia, agency of the city of Santa Cruz, in a special account, the order of departmental Treasury."
Arta-culo 3a °. â €"after © s of a year of accumulating funds in the Arta-culo first of this Act, is entitled the Executive power to hire one or more Empra © stitos in any of the banks or institutions face cter commercial of the Republic, up to the sum of thirty millions of Bolivians, with a not to exceed 4 percent annual interest."
Arta-culo 4a °. â €"the total amount of such Empra © stitos is assigned to work public in the Santa Cruz Department and first término to Captación de potable water, sewerage, Pavimentacia³n and service of power electrical in the city of Santa Cruz, assigns moving the sum of five hundred thousand Bolivians to work public in each of the provinces of the same Department!!" which will be n studied and determined by Committee © Santa Cruz public works.!
Arta-culo 5o.a€ "yields that may come from sewage, Pavimentacia³n and electric lighting electrical, services financed on the basis of this law, is Acumulara n also funds are intended for the service of the © stito Empra placed."
Arta-culo 6a °. â €"all the resources cited in this law, the side character of special resources, may not n reversing the national treasures, departmental or Municipal or be earmarked for the period of ten years, different object for which have been created, or until the thirty million Bolivianos (Bs. stito © Empra is completely cancelled!!" 30,000,000). Arta-culo 7a °. â €"the State will have obligation to deliver foreign currency at the official rate, while continues this economic system, to make the purchase of the necessary industrial implements at the execution of the works detailed public.!"
Arta-culo 8a °. â €"the development and controller of all works public considered by this law, run in charge of the Committee © Santa Cruz public works."
Arta-culo 9a °. â €"the power Executive Reglamentara this law."
Commune-that will to power Executive, for constitutional purposes.
Session of the H. Congress Hall.
Peace, on April 3, 1941.
A Galindo.a€ "Rafael de Ugarte.â€" Prof. C. BeltrÃ n Morales, Senator Secretario.a€ "A. Nogales Saavedra, Senator Secretario.a€" F.! Flowers j., Deputy Secretario.a€ "F. Iturralde CH., Deputy Secretary."
I therefore enacted it so you have and observe as the law of the Republic.
Palace of Government of the city of La Paz, to the fourteen day-as of the month of April of nineteen hundred years cuarentiun.
GRAL. PEA'ARANDA. â €"Oscar Mariaca Pando."
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