Show CONSTITUTIONAL AMENDMENT No I A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO PRO- POSING TO A AMEND ARTICLE ARTICLE ARTICLE ARTI ARTI- CLE XIII SECTION 2 OF THE CONSTITUTION 0 OF F T THE H E ESTATE STATE OF UTAH RELATING TO TANGIBLE PROPERTIES EXEMPT FROM I TA TAXATION Be it resolved by the Legisla Legislature ture of the State o of Utah two two thirds thirds of nil all members elected to each of or the Houses voting in favor thereof Section 1 It is proposed propose to amend Article XIII Section 2 of ot the time Constitution of or the State of Utah to read a 33 follows Section 2 All tangible property property property prop prop- erty in the state not exempt under the laws o of the United S States tes or under this constitution constitution constitution tion shall be taxed in proportion proportion proportion tion to its value to be bc ascertained ascertained ascer ascer- tamed as provided by law The property of the state counties cities towns school districts municipal corporations and public pub public lic lie libraries lots with the buildings buildings build build- ings thereon used exclusively for either religious worship or charitable purposes and places of burial not hel held or used for private or corporate benefit shall be ex exempt from taxation Water Vater rights lights ditches canals reservoirs power plants pumping pumping pumping pump pump- ing plants transmission lines pipes and flumes owned and used b by individuals or ot corporations corporations corporations corpora corpora- for irrigating atin lands within the state owned by such individuals individuals or corporations or the in individual individual individual in- in members thereof shall not be separately taxed as long Ions longas as they shall be owned o and used exclusively for such purposes Power plants power transmission sion lines and other property used for generating and delivering delivering ering cring electrical power a n. portion of which is used for furnishing power pumping water for irrigation irrigation irrigation gation purposes on lands in the State of Utah may be exempted from taxation to the extent that such property is used for such purposes These exemptions shall accrue to the benefit of or orthe the users o of water water- so pumped under such regulations as the legislature may prescribe The taxes of the indigent poor may maybe maybe maybe be remitted or abated at such times and rU-md in such manner as may be provided by law Jaw The legislature may provide ide for the exemption from taxation of or homes homesteads and person person- al nl property not to exceed 2000 in value for homes and homesteads ami and all household furnishings furniture a and n d equipment used exclusively by bythe bythe bythe the owner thereof at his place of or abode in in n maintaining a n. home homo for himself and family Property Proper ty not to exceed in value owned by disabled persons who served in any war in the military mili mill tiny tary service o of the United States or of the State Slate of U Utah Uh h and nn by bv the unmarried widows and land minor nor orphans o of such disabled disabled dis din sons persons or of or persons who while serving in the military service ser of the United States or orthe orthe orthe the State of Utah were killed in action or died as a result of such service may be exempted as the legislature may provide l The legislature shall provide by law for an annual tax sufficient sufficient with other sources of revenue revenue rev rev- to defray the estimated ordinary expenses of the state for each fiscal year For the purpose of paying payin the state debt if any there be the le legislature legislature legis legis- is- is lature shall provide for levying a tax annually sufficient to pay the annual interest and to pay the principal o of such d debt bt within within with with- in twenty years ears from the final passage of the law creating the tha debt Section 2 The secretary of state ate is directed to submit this proposed amendment to the electors of or the S State tc of or U Utah in the next general election in inthe inthe inthe the manner provided by law v. Section 3 If adopted by the tho electors of or this state this amendment shall take effect the first da day of January 1963 1063 I 1 LAMONT LAMONT F. F TORONTO Secretary of State of the State of or Utah DO HEREBY CERTIFY that th the foregoing is a R full true and correct copy j r of or orthe the constitutional constitution l amen amendment proposed by the n regular ular cession n nor of or the Thirty Fourth Legislature Legisla ture t 1961 as appears of oil record in ill my office IN WITNESS WHEREOF I Inave have nave hereunto set my hand and affixed the Great Seal of the State of Utah at al Salt Lake City this day 1962 LA LAMONT F. F TORONTO S Secretary of State StateS S SEAL |