HomeMy WebLinkAboutOrdinance #465 ORDINANCE NO. 465
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AN ,ORDINANCE OF THE CITY OF HUNTINGTON BEACH
PROVIDING FOR THE ADLEINISTPATION OF THE
VICTORY TAX 'FITHIN SAID CITY.
WHEREAS, .the Revenue Act of 1942. imposes P. levy of
5% on the Gross income , defined as the victory ta.x net income ,
of ev-ery individual, which is required to be collected at the
source by employers;
55HEREAS , municipal employees are subject to the
tax and municioalities are made withholding events and
.required to withhold such tax and to return and pa.y over
the proceeds thereof to the Federal Government ;
17HEREAS, the tax attaches to all wages paid as
income after January 1 , 1943 , regardless of when they -are
earned; and
WHEREAS, deductions , at the option of the emioloyer,
may be computed on the amount actually pa.id at any payroll
period or upon the basis of wage bracket withholdings set
forth in the Act Section 466 (c ) (1 ) for any payroll per. iod.
NOW THEREFORE the City Council of the City of
Huntington Beach, Ca1.if o.r.nia., does hereby ordain as follows:
'i Section I. That , begi.nninp� with the first payroll
after January 1 , 1943, the City Clerk, is hereby authorized
and directed to deduct and withhold from the T,,iages or salary
- paid to each officer or emplo,ye�e of the city the Victory
Tax in such an amount as is required by the Revenue Act of
1942 based on the wage bracket withholding authorized under
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Section 466 (c ) (1 ) of that .Act (or 5% of the amount actually
nald at any payroll period) on every payroll.
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Section II. The City Clerk at the time of making .
up the payroll or immediately thereafter, shall transfer
the moneys deducted therefrom under the provisions of this
Ordinance to the City Treasurer for deposit in a. separate
account in the same bank whe-re other funds of said City
are deposited, where they shall_ be deposited and designated
a.s a. "Victory Tax Account , held for the benefit of the
Collector. of Internal Revenue. " The moneys accumulated from
such withholdings during each quart of the calendar year
`shall be paid 'by the City treasurer to the United States
Collector of Internal Revenue for the District in which
this City is located on or before the last day of the
month following the close of any such quarter.
Section III. On or before January 31 of each ,year
subsequent to 1943, or 1;rhen the last payment of wages is
made , if employment is terminated. before the close of the
calendar year, the Clerk shall furnish to each employee
with respect to his employment during the calendar year, a
written statement showing the wages for the period covered
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and the amount of the tax withheld and paid in respect to
such wages. k copy of this statement for every employee
shall be included. with the final return for the calendar
year to the Collector of Internal Revenue. The aforesaid
officer shrill keep such records and make such reports to the
Bureau of Internal Revenue of v+rages paid and the tax collected
and paid with respect thereto as that Bureau may require and
prescribe.
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l— Section IV. The taxes to be withheld. and collected
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under this Ordinance shall not ap -ly to any taxable year
� - commencing after the date of cessation of hostilities in the
present wa.r and the account established for the receiving of
tax funds hereunder shall be closed ttrith the last payment
. to the Federal Government of the funds «withheld. The
operation of this Ordinance shall terminate at that time
or sooner ; f the viotory ta.x is terminated by Fpd.eral
action prior to that time.
Section V. The City Clerk shall certify to the
passage of this Ordinance and shall cause the same to be
published by one insertion in the Huntington Beach News,
a tifijeekly newspaper printed, published and circulated. in the
City of Huntington Beach, and thereafter it shall_ be in
force and effect.
PASSED AND ADOPTED by the City Council of the
City of Huntington Beach, California , at a regular
meeting thereof held on the k day of Fe�aruar
Y
1943.
ATTES ,
City Clerk
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STATE OF CALIFORNIA )
County of Orange , ) ss.
City of. Huntington Beach. )
I ,. C . R. FURR, the duly elected, qualified and
acting City Clerk of the City of Huntington Beach, and.
ex-officio Clerk of the City Council of said City
of Huntington Beach, do hereby certify that the whole number
of member of the City Council, of the City of Huntington
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Beach is five; that the foregoing Ordinance was first read
to said City Council at a. regularly adjourned meeting
thereof held on the 19thday of _January 1943, and was
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again read. to said City Council at a, regular
meeting thereof held on the t dayof February
1943, and was papsed and adopted by the affirmative vote of
'I more than a. majority of all the members of sc-Ad City Council
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as follows:
AYES: Councilmen: Her=J cXson,-Gzable.Hawes
�- Morehouse,Talbert
NOES: Councilmen: None
ABSENT Councilmen: None
City Clerk s.nd^ex-officio
Clerk of the City Council of
the City of Huntington Beach,
{ ^aliforniae
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