1960-5737WHEREAS, the Ways and Veans Committee of the House
of Representatives is holding hearings on the Federal Pevenue
structure directed towards the procurement of additional
sources of revenue and for increasing the Federal Tax Base,
and
RESOLUTION NO. 5737
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM ik/iELORIALIZING THE WAYS AND FEANS
COMMITTEE OF THE HOUSE OF REPRESENTATIVES OF
THE UNITED STATES RESPECTING THE CONSIDERATION
BY SAID COMMITTEE OF LEGISLATION TO ACCOMPLISH
FEDERAL TAXATION OF THE INTEREST PAID BY STATES
AND THEIR POLITICAL SUBDIVISIONS UPON THEIR
OBLIGATIONS AND FEDERAL TAXATION OF THE INCor
OF STATES AND 'POLITICAL SUBDIVISIONS GENERALLY.
WHEREAS, said committee is presently considering
the taxation by the Federal Government of the interest paid
by states and their political subaivisions, upon their obli-
gations and also Federal taxation of income of states and
political subdivisions generally, and
WHEREAS, Federal taxation of the interest paid on
municipal bonds would seriously cripple municipal borrowing
power at a time when municipalities are desperately attempting
to provide the public facilities required by enormous expansion
of population, and
wHEREAS, the Federal taxation of income of states
and their subdivisions has historically been studiously
avoided and has been declared by the Suprere Court of the
United States as unconstitutional whenever inroads have been
attempted in this regard,
ECA, THEREFORE, BE IT RESOLVED by the City Council
of the City of Anaheim that the 1 ,;ays and means Committee of
th, House of 1cpresentatives be memorialized by the receiTt
of e copy of this Resolution and any ether material document-
ing or supporting the freedom of state government and their
political subdivisions from Federal taxation, and otherwise
supporting and declaring interooveramental tax immunitics.
BE IT FURTHER RESOLVED that Senator Thomas H.
Kuchel and Senator Clair Engle, and Congressman James B. Utt
also receive a copy of this Resolution and any other related
material to be submitted by the City of Anaheirr in support of
its position.
BE IT FURTHER RESOLVED that the City Attorney of the
City of Anaheim he and he is hereby directed to tali 1-hatever
steps are necessary to fully inform th: Ways and Nesns Committee
of the HOUEC of Representatives of the with
respect to thi, centet platcd area of leoislatian.
THE FOREGOING I-ESOLUTICN is approved and signed by
me this 5th day of January, 1960.
ATTEST:
C Y CLERL OF TEE CITY CF PNAHEIII
STATE OF (ALIFONIA
COUNTY OF ORANGE ss.
CITY OF i-ff.Iiv
(E AL)
L GITY OF Nil,HEIlut
I, DEN P. AAILLII*S, City ClErk of tto City of Pnahcin,
do hereby certify that the forc-going resolution was pa:sed and
adoptEd at a regular meting of tle City Council held on thc
5th day of January, 1960, by tn( following vote of the nembEr
thEreof:
AYES: Coons, Fry, Pearson, Thompson and Schutte
COUNCILI Et': None
T: COUlICILI r N: None
ND I FUPTHE CERTIFY that the fTh.yor of tI City of
Anaheim approved and .igned said resolution on the 5th day of
January, 1960.
IN :^JITNESS ifj.LEEOF, I have hereunto set n:y hand and
affixed the seal cf the City of .Anaheim this 5th day of
January, 1960.
CITY CLEP.11 OF THE CITY (...)F