CHAPTER 111

AN ACT to amend and reenact § 9 of Chapter 88 of the Acts of Assembly
of 1952, approved February 14, 1952, which incorporated the city of
Virginia Beach, the section relating to imposition of taxes on real
and personal property within the city of Virginia Beach. (H 181]

Approved February 23, 1956

Be it enacted by the General Assembly of Virginia:

1. That § 9 of Chapter 33 of the Acts of Assembly of 1952, approved
February 14, 1952, be amended and reenacted as follows:

§ 9. The city shall have power to impose taxes on real estate and
personal property within the city for nineteen hundred fifty-two and
subsequent years. The assessment of such property, formerly within the
town, shall be certified to the city by the commissioner of the revenue
of the county of Princess Anne which assessment shall continue until

as provided by law. The State Corporation Commission shall
certify to the city the assessments of such property as is assessed by the
CHS. 111, 112] ACTS OF ASSEMBLY 118

State Corporation Commission within the territory embraced within the
city. The city may impose a license tax for doing business within the city
for such portion of nineteen hundred fifty-two as may remain after the
incorporation of the city and thereafter shall have power to impose such
license taxes as are provided by law.

The council of the city of Virginia Beach may, in its discretion, fix
such annual levy on property subject to taxation in the city of Virginia
Beach for city purposes at a rate of not exceeding five dollars per hundred
of assessed valuation of such property, providing that the council shall
not fix such levy on property partially segregated to the State for the
purposes of State taxation at a rate higher than is or may be permitted
by the general laws relating thereto; provided further that for the pur-
pose of retiring any general obligation bonds of the city issued after its
incorporation the council shall have power to levy a tax on locally taxable
real and personal property without limitation as to rate or amount, if
the bond issue shall have been approved at an election held for that
purpose.

_ The council of the city of Virginia Beach shall have power, in its
discretion, to spend not exceeding * five per centum of its annual revenue
from all sources in advertisement and giving publicity to its resources and
advantages. ;

2. An emergency exists and this act is in force from its passage.