CHAPTER 115

AN ACT to amend and reenact §§ 22-126 and 22-128 of the Code
of 1950 relating to levies for school purposes so as to in-
crease the same.

[ H 162 ]

Approved March 8, 1950

Be it enacted by the General Assembly of Virginia:
1. That §§ 22-126 and 22-128 of the Code of 1950 be amended
and re-enacted as follows:
§ 22-126. Authority to levy school tax; limitation of rate.
—Each county and city is authorized to raise sums of money
by a tax on all property, subject to local taxation, at such rate
as may be deemed sufficient, but in no event less than fifty cents
nor more than * three dollars on the one hundred dollars of the
assessed value of the property in any one year, * to be expended
by the local school authorities in the counties and cities in estab-
lishing, maintaining and operating such schools as in their judg-
ment the public welfare requires.

§ 22-128. Special tax for capital expenditures or payment
of indebtedness or rent.—For capital expenditures and for the
payment of indebtedness or rent, the governing body of any
county or city may levy a special county tax, a special district
tax, or a special city tax, as the case may be, on all property sub-
ject to local taxation, such levy or levies to be at such rate or
rates as the governing body levying the tax may deem necessary
for the purpose or purposes for which levied, except that where
the tax is for raising funds for capital expenditures the rate
shall not be more than * two dollars and fifty cents on the one
hundred dollars of the assessed value of the property in any
one year *