Board for economy, finances and vital environment protection of the Parliament of Montenegro supported today the proposals of the Law on extra profit, tax on motor vehicles, vessels and aircrafts as well as alterations and amendments of the Law on banks. Proposed laws and their alterations and amendments would be directed to the Parliament for passing. According to proposal of the Law on extra profit, all income and property acquired in the period May 1992 to October 2000 worth more than 35,000 EUR would be taxed at the rate of 20 percents. Owners of the property acquired in the period of sanctions through regular business activities, gift or sale would be exempted from payment of this tax. Taxpayers are to pay this tax two years after its entrance into force, and if they do not do that, an interest rate would be calculated in the initial sum. On behalf of proposing party, Koviljka Mihajlovic said that success of its implementation would depend on honesty of citizens it related to. "Citizens should recognize themselves as extra profiteers and apply for payment of the tax," said Mihajlovic. Representative of Democratic Party of Socialists, Predrag Boskovic, and president of the Board, Vojin Djukanovic, announced they would propose increase of the sum for taxing from 35,000 to 50,000 EUR. They said that this proposal had been directed to the Government earlier, but it had not been accepted. The Board also agreed with introduction of tax on motor vehicles, vessels and aircrafts. This tax shall not be paid by owners of cars of up to 1,100 ccm, those of up to 1,600 ccm would pay 40, and those above 3,000 ccm would pay annual tax of 400 EUR. According to the proposal of alterations and amendments of the Law on banks, these companies would have to raise the capital from present 2.5 million to 3 million EUR till the end of next year to 4 and till the end of 2004 to 5 million EUR. These norms would apply to affiliation offices of banks operating at the territory of Montenegro and that could be founded without capital before. According to proposed alterations of the Law, shareholder cannot own more than 13 percents of the capital of the bank without approval of the Central Bank of Montenegro (CBCG). The Board proposed to the Parliament of Montenegro to postpone population census for the next year. Proposal of the Law on just restitution has not been discussed because the Government has not stated its attitude on it yet.