112 Proceeds from f e e s, etc*; use* SO Stat. 681. D. C. Code 40103.
Mounted equipment. Fees.
P ersonal property tax e s.
Exemption. 50 Stat. 679. Exception.
Payment.
Retiuns.
Repeals.
Effective date.
PUBLIC LAW 364-MAY 18, 1954
[68
STAT.
SEC. 603. Subsection (d) of section 3 of title IV of such Act, as amended, is amended by striking "All proceeds from fees payable under this title and", and inserting in lieu thereof "Proceeds from fees payable under this title shall be divided between the General Fund and the Highway Fund. The Commissioners are authorized and empowered to determine the percentage of all proceeds from fees payable under this title which shall be deposited to the credit of the General Fund of the District of Columbia: Provided, That the percentage of proceeds deposited to the credit of the General Fund shall be not less than sixty-four per centum or more than seventy-four per centum of all proceeds from fees payable under this title. The remainder of such proceeds payable under this title,". SEC. 604. Section 3 of title IV of such Act, as amended, is amended by adding at the end thereof the following new subsection: "(e) Notwithstanding the provisions of this Act, special equipment mounted on a motor vehicle or trailer and not used primarily for the transportation of persons or property shall be taxed as tangible personal property as provided by law. For the purpose of determining the fees authorized by clause 1 of class B, and class C of subsection (b) of this section, the weight of special equipment taxed in accordance with the provisions of this subsection (e) shall be excluded in computing the weight of the vehicle or trailer on which it is mounted." SEC. 605. Paragraph ten of section six of the Act entitled "An Act making appropriations to provide for the expenses of the government of the District of Columbia for the fiscal year ending June thirtieth, nineteen hundred and three, and for other purposes", approved July 1, 1902 (32 Stat. 620), as amended (sec. 47-1208, D. C. Code, 1951 edition), is amended by adding at the end of said paragraph the following: "Fifth. Any motor vehicle or trailer registered in accordance with the provisions of title IV of the District of Columbia Revenue Act of 1937, as amended (title 40, ch. 1, D. C. Code, 1951 edition), and not comprising any part of the stock in trade of a merchant: Provided, That any motor vehicle or trailer comprising all or part of the stock in trade of any merchant shall continue to be taxed as provided by law: Provided further, That special equipment mounted on a motor vehicle or trailer and not used primarily for the transportation of persons or property shall be taxed as tangible personal property as provided by law." SEC. 606. Section 5 of the Act approved July 3, 1926 (44 Stat. 833), as amended (sec. 47-1209, D. C. Code, 1951 edition), is amended by striking "excepting the tax on motor vehicles as herein provided,". SEC. 607. Section 6 of the Act approved July 3, 1926 (44 Stat. 833), as amended (sec. 47-1206, D. C. Code, 1951 edition), is amended by striking "other than automobiles". SEC. 608. Section 3 of the Act approved February 18. 1929 (45 Stat. 1226), as amended (sec. 47-1210, D. C. Code, 1951 edition), is hereby repealed. SEC. 609. Section 4 of title IV of the Act approved July 26, 1939 (53 Stat. 1108; sec. 47-1211, D. C. Code, 1951 edition),'is hereby repealed. SEC. 610. This title shall become effective on and after the 1st day of April following the enactment of this Act by ninety days or more.
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