HomeMy WebLinkAboutORD 23-O-19�3
AN ORDINANCE
PROVIDING FOR TIE DEDUCTION AND WITHHOLDING FROM WAGES
.AND/OR SALARIES OF OFFICERS AND E)PLOYEES OF THE CITY OF BEAUMONT
THE VICTORY TAX AS REQUIRED BY SECTION 466 (c) (1) OF THE REVENUE
ACT OF 1942; PROVIDING.FOR THE TRANSFER OF SUCH FUNDS TO THE CITY
REPOSITORY TO BE REFITTED THEREFROM TO THE COLLECTOR OF INTERNAL
REVENUE EACH QUARTER OF THE CALENDAR YEAR; PROVIDING FOR THE
FURNISHING OF"STATEMENTS OF DEDUCTIONS,THE KEEPING OF RECORDS,
AND FILING OF REPORTS OF SUCH DEDUCTIONS; PROVIDING FOR THE TERMINA-
TION OF THIS'.ORDINANCE AND MODIFICATION.OF ALL ORDINANCES IN
CONFLICT HEREWITH; AND DECLARING AN EMERGENCY. -
WHEREAS, the Revenue Act of 1942 imposes a levy of 5% on
the gross income defined as the.Victory Tax net income of every
individual, which is required to be collected at,the source by
employers; and
WHEREAS,.city employees are subject to the tax and cities
are required to withhold: such, tax and to return -and pay over. the,
proceeds thereof to the Federal Government; and
WHEREAS, the tax attaches to all wages paid as income on,
or after January 1, 1943, regardless of when they were earned; and
WHEREAS, deductions, at the option of.the employer, may be
computed on the amount actually paid,at any payroll period or u on
the basis of wage bracket withholdings set forth in Section 466(c)(1)
of the Act for any payroll period:. NOW, ,THEREFORE,
BE IT ORDAINED BY THE CITY COXMISSION OF THE•CITY
.OF BEAUMONT, TEXAS:
Section 1
That beg -inning with the first payroll on or after January 1,
1943, the City Manager and City Clerk are hereby authorized and directed
to deduct and withhold from the wages ,or .salary paid to each officer
or employee of the City the Victory Tax in such an amount as is
required hyl:Lthe Revenue Act of 1942 based on the wage.•bracket with-
holding authorized under Section 466(c)(1) of that Act.
Section 2
The City of Beaumont at the time of making up the payroll or
imm4diately thereafter, shall transfer the monies deducted therefrom
under the provisions of this ordinance to a separate account in the
City Depository, where they shall be deposited and designated as a
"VICTORY TAX ACCOUNT". The monies accumulated from such withholdings
during each quarter of the calendar year shall be paid by the pity
Manager and. City Clerk to the United States Collector of Internal
Revenue for the 1District in which this city is located on or before
the last day of the month following the close of any such quarter.
Section 3.
During the month of January. 1944. and during each January
Section 4
The taxes to be withheld and collected under this ordinance
shall not apply to any taxable year commencing after the date of
cessation of hostilities in the.present war and the account established
for the receiving of the tax funds hereunder shall be closed with the
last payment to the Federal'Government of the funds withheld. The
.operation of this ordinance shall terminate at that time or sooner if,
the Victory Tax is terminated by Federal action prior to that time.
Section 5
The provisions of all ordinances or parts thereof now in
effect relating,to payroll procedures of this city inconsistent herewith
or with the provisions of the . Revenue Act of 1942 relating to the
Victory Tax are".to that extent modified. -
Section 6
This.ordinance is hereby declared to be an emergency measure
made necessary for the preservation of the public peace.and safety
and to meet the requirements of the Revenue Act of 1942, and theltuieke
requiring that ordinancesshall be read' -on three.separate days before
their passage is hereby suspended, and'this ordinance shall be in force
and.effect immediately.
Passed by the affirmative vote of all members of the City .
Commission, this the 12th.day of January, A. D-1943-