Chap. 39.—An ACT to make assessable for taxes and levies lands con-
veyed to persons or corporations by the United States or its agencies
pursuant to contracts held therefor prior to February of the year
in which such deed is recorded, whether such deed be delivered before
or after February 1st of such year. [fH B 54]

Approved March 20, 1923.

1. Be it enacted by the general assembly of Virginia, That
all persons or corporations who receive deeds from the United
States or its agencies for lands in the State of Virginia by
virtue of contracts therefor by which the beneficial ownership
was held prior to February first of that year, shall be assess-
able by the commissioners of the revenue for taxes and levies
on such lands for the then current year, as if the deed for the
said lands had been recorded on or before February first of
that year.

2. Inasmuch as the United States or its agencies, pur-
suant to contract therefor, is conveying lands to persons and
corporations, which lands would not otherwise be subject to
taxation for the current year, an emergency is declared to
exist and this act shall be in force from its passage.