Opinion of the Justices

The following resolution, Senate Resolution No. 7, requesting an opinion of the justices was adopted by the Senate on April 22, 1981, and filed in the supreme court on April 29, 1981:

“Whereas, there is pending before the senate Senate Bill 39-FN, an act to repeal the interest and dividends tax; and

“Whereas, said bill provides for the repeal of chapter 77 of the Revised Statutes Annotated relative to the taxation of incomes; and

“Whereas, questions have arisen as to the constitutionality of the law which the proposed act is designed to repeal; now, therefore, be it

“Resolved by the Senate:

“That…