There shall be an exemption in every case of fifty dollars ($50.00) in amount of tax computed under the provisions of this article. A person exercising a privilege taxable hereunder for a fractional part of a year shall be entitled to an exemption of the sum bearing the proportion to fifty dollars ($50.00) that the period of time and privilege is exercised bears to the whole year. Only one exemption shall be allowed to any one person, whether he exercises one or more privileges taxable hereunder.
(Passed 6-6-83.)