Chap. 501.—An ACT to amend and re-enact sections 2224 and 2230 of the
Code of Virginia, with reference to the compensation of examiners oat
records. [S B 372]

Approved March 25, 1920.

1. Be it enacted by the general assembly of Virginia, That section
twenty-two hundred and twenty-four and twenty-two hundred and
thirty of the Code of Virginia be amended and re-enacted so as to
read as follows:

Sec. 2224. Compensation of examiner ; refund on property errone-
ously assessed.—The examiner shall be entitled to receive as com-
pensation for his services under the six preceding sections to be paid
in the same manner as the compensation now paid to the commus-
sioners of the revenue, one-tenth of one per centum for the first one
million dollars of the aggregate amount of property assessed under
said sections, and one-twenty-fifth of one per centum on all in excess
of one million dollars, provided that the commission on money shat:
be one-fiftieth of one per centum; but the examiner shall refund anc
pay into the treasury the compensation paid to him on all property
reported by him that shall be relieved of taxes because erroneously
assessed.

Sec. 2230. Compensation of examiners of records upon valuations
reported and assessed as a result of investigations of returns of in-
tangible property and income.—The examiner of records shall recetve
commissions upon the values reported and assessed as a result of hi:
investigations and examinations as to the returns of intangible per-
sonal property and income at the rate of one-tenth of one per centum
on the first one million dollars of the aggregate amount of property
and income so reported and assessed, and one twenty-fifth of one per
centum on all in excess of one million dollars. Upon valuations of
money so reported and assessed, he shall receive commissions at the
rate of one-fiftieth of one per centum; and upon reports of purchase
by merchants he shall receive commissions at the rate of five per
centum of the license tax upon the amount of purchases so reported
and assessed. But he shall refund and pay into the treasury the com-
pensation paid him on all taxable values reported by him that shall
be relieved of taxes erroneously assessed thereon, and he shall be
liable therefor under the bond required by law to be executed.

The provisions of this act shall apply to the compensation of
examiners of records for the year nineteen hundred and twenty and
thereafter until otherwise provided.