Chap. 112.—An ACT to amend and re-enact section &33 of the Code of
Virginia, as heretofore amended by an act approved March 11, 1908,
and other acts, in relation to the powers and duties of the board of
supervisors at annual meetings, by changing the body of said section,
and by an amendment in addition to the new section designated as
section S33-a, which shall prescribe the powers and duties of boards
of supervisors in relation to county and school levies, approved March
11, 1908, as further amended by an act approved March 28, 1914.

(S. B. 98)
Approved March 17, 1915.

1. Be it enacted by the general assembly of Virginia, That section
eight hundred and thirty-three of the Code of Virginia, as heretofore
amended, be amended and re-enacted by changing the body of said section
and adding a new section, designated as section eight hundred and
thirty-three-a, prescribing the powers and duties of boards of supervisors
in relation to the county and school levies, be amended and re-enacted so
as to read as follows:

Section 833. Powers and duties of boards of supervisors at annual
meeting. The board of supervisors of each county shall have power,
and it shall be their duty, at the regular meeting in the month of July
in each year or as soon thereafter as practicable, to audit accounts and
settle with officers, to audit the accounts of the county, to settle with the
county treasurer his accounts for the year, to settle with the sheriff his
accounts upon the collection of fines or other moneys accruing and be-
longing to the county, to audit the accounts of the superintendent of
the poor and examine and pass upon his reports, and genarlly to settle
with any other officer who may have an account with the county, and
take such steps as may be necessary to secure a full and satisfactory
exhibit and settlement of the affairs of the county.

Section 833-a. Boards of supervisors to fix and order county and
school levies. The board of supervisors of each county shall have power,
and it shall be their duty, on July first, nineteen hundred and fifteen, or
as soon thereafter as practicable, and annually thereafter at its regular
meeting in the month of April, or as soon thereafter as practicable.

First. To fix and order county levies. To fix the amount of the
county levies for the current year; to order the levy on all property
assessed with tax within the county and on the capital invested, used or
employed in mercantile business; moneys and credits actively used and
employed in carrying on the mercantile business, including goods, wares
and merchandise on hand, and all solvent bonds, demands or claims made
or contracted in the course of business during the preceding year shall
be held to be capital in said mercantile business; to order the levy on the
real estate and tangible and intangible personal property of public
service corporations based upon the assessment fixed by the State cor-
poration commission, and certified by it to the board of supervisors,
both with respect to location and valuation; also to order the levy on
all real estate, situated in their respective counties, belonging to any
city, town or other municipality, situated outside of said county, which
may have been relieved from taxation for State purposes, this act to apply
to such real estate as may heretofore have been, or may hereafter be,
purchased for the purpose of securing a water supply for said city, town
or municipality, which water is a source of revenue to such city, town or
municipality, or purchased for the purpose of protecting the watershed
of any stream or streams, the water of which may be used for said
purpose; and when such real estate has been relieved of assessment for
State taxes and does not show an assessment on the land books of said
county for that or the preceding year, then such board of supervisors
shall direct the commissioner of the revenue for the revenue district in
which the real estate in question is situated, to assess the same for
taxation in accordance with the provisions of section five hundred and
eight of the Code, omitted taxes, how assessed, and hereafter the asses-
sors appointed under the provisions of section four hundred and thirty-
seven of the Code for the purpose of assessing lands and lots shall regu-
larly assess such real estate for taxation for county purposes in accord-
ance with the rule enacted for determining the valuation of real property
assessed for State taxation.

Second. To levy school taxes. To levy a tax upon all the property
in the county, upon which county levies are laid, sufficient to raise the
amount recommended by the county school board in their estimates for
county school purposes, or so much thereof as it may allow; and to levy
a tax upon such property, in each school district, sufficient to raise the
amount recommended by the county school board for district school
purposes, or so much thereof as it may allow; but the tax so levied shall
not be less than the minimum nor exceed the maximum prescribed in
the third subdivision of section fifteen hundred and six.

2. As this act is for the purpose of raising revenue, an emergency
exists, and the act shall be in force from its passage.