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HomeMy WebLinkAbout0512 OrdinanceORDINANCE NO. / AN ORDINANCE ADOPTING PAYROLL PROCEDURE IN THE COLLECTION AND DISBURSEMENTS OF THE "VICTORY TAX" REQUIRED FROM CITY EMPLOYEES 1 UNDER THE VICTORY TAX PROVISIONS OF THE ACT OF CONGRESS KNOWN AS THE REVENUE ACT OF 1942 AND ANY FURTHER ACTS OF CONGRESS PROVIDING 2 FOR THE SAME. 3 WHEREAS, municipal employees are subject to the so—called. 4 "Victory Tax" of the Revenue Act of 1942, and municipalities are made 5 withholding agents and required to withhold such tax upon all wages 6 paid as income after January 1, 1943, and to return and pass over the 7 proceeds thereof to the Federal Government, now, therefore. 8 THE CITY COUNCIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS: 9 SECTION ONE. That beginning with the first payroll after 10 January 1, 1943, the City Clerk is hereby authorized and directed 11 to deduct and withhold from the wages or salaries paid to each 12 employee or officer of the city, such an amount as required by the 13 Revenue Act of 1942, and its future amendments in the amount of 5% 14 or any other percentage required thereafter of the amount thereof on 15 every employee, over and above any exemptions permitted by said Revenue 16 Act. 17 SECTION TWO. The City Clerk at the time of making up the payroll 18 or immediately thereafter, shall transfer the monies deducted therefrom, 19 under the provisions of this resolution to a separate account in the 20 office of the Treasurer of the City of Pasco, Washington, where they 21 shall be deposited and designated as "Victory Tax Account Held for 22 the Benefit of the Collector of Internal Revenue." The monies 23 cumulated from such withholdings, as long as said "Victory Tax" 24 shall be in effect shall be paid during each quarter of the calendar 25 year by the City Treasurer _15- the United States Collector of Internal 26 Revenue for the District in which this City is located, on or before Z Z 27 the last day of the month following the close of any such quarter.. W M - 4 Q SECTION THREE. The City Clerk shall comply with all provisions o ;3 .28 29 of the Revenue Act, regarding statements to employees, and shall keep _j a 30 such records and'make such reports as the Bureau of Internal Revenue 31 may require and prescribe. 32 SECTION FOUR. All acts in making Victory Tax deductions for the payroll period of January 1, 1943, to the date of the passage of this Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Z 26 070 N ? i 27 W X — 2 Ve m a 28 o �3 Y a 29 a 30 31 32 Page Ordinance in conformity with the Revenue Act of 1942, are hereby con— firmed and ratified. PASSED AND APPROVED THIS �� DAY OF FEBRUARY, 1943. MAYOR ATTEST: City Clerk APPROVED A4 TO FORM: City At orney