Chap. 398.—An ACT in relation to local school taxes; and repealing sections 740
and 2721 of the Code of Virginia. [S B 280]

Approved March 20, 1920.

1. Be it enacted by the general assembly of Virginia, That each
county, city, town, if the same be a separate school district, and
school district, is authorized and required to raise sums by a tax on
property of not less than fifty cents nor more than one dollar in the
agerepate on the hundred dollars of the assessed value of property in
any one year to be apportioned and expended by the local school
authorities of said counties, cities, towns and districts in establishing
and maintaining such schools as in their judgment the publc welfare
may require.

2. The boards of supervisors of the several counties and councils
of the several cities and towns, if the same be separate school districts,
shall provide for the levy and collection of such local taxes, and an
additional tax of not exceeding twenty-five cents on the one hundred
dollars of the assessed: value of property may be levied by each county,

city, town, if the same be a separate school district, and school dis-
trict, in order to provide for the interest and sinking fund of any
loans negotiated or bonds issued for such purposes, said tax to be
levied and collected in accordance with the provisions of this act.

3. Sections seven hundred and forty and twenty-seven hundred
and twenty-one of the Code of Virginia are hereby repealed.

4, This act shall not be effective unless a proposed amendment
to section one hundred and thirty-six of the Constitution of Virginia,
submitted, or which may be submitted, by the present general assembly
to a vote of the people for ratification at the regular November election
of nineteen hundred and twenty, shall be ratified by the people at said
election, in accordance with law, in which event this act shall be in
force on and after January first, nineteen hundred and twenty-one.