Show CONSTITUTIONAL AMENDMENT AMENDMENT NO 2 Proposing to Amend Sections 2 and 2nd 3 Article XIII of the Constitution tion of Utah Relating to Property Subject to Taxation and Rates o of Tax TaxA A resolution proposing amendment to Sections 2 and 3 3 Article 13 of the Constitution of 01 the State of Utah relating relating re re- re- re lating hating to o property subject to taxation and rates of ta tax tar Ie Belt Beit resolved by the Le Legislature of the State of 01 Utah two-thirds two of aUth all aU th the members elected to each house concurring therein Section 1 That it Is la proposed to amend l Sections e lons 2 and 3 of f Article 13 of the Constitution of ot the State or of of Utah so that such sections will read cad M u follows Sec 2 To tho the end that the burden of ot taxation may be equitable upon all property property- the legislature is 18 empowered to divide e all property including moneys mon mon- moni i I eys and credits as well as as physical property Into classes and to determine determine deter deter- mine what class or classes sacs of property proper proper- ty Shan shall be subject to taxation and what property f if any shall not be abject to taxation Taxes shall be 10 uniform upon all property of or the same class and shall be ba levied and Collect Collected ed 54 for tor public purposes only Taxes mt may bo be imposed upon any and all property Including privileges fran fran- chines and licenses to do business inthe in inthe the h e state but this shall not be so construed con con- as to authorize the taxation of the stocks of any company or corporation corporation corpora corpora- tion Lion when the property property- of or such company company com corn pany pan or Corporation represented by such stocks has been taxed The legIslature legislature legislature leg leg- is empowered to impose taxes taxes tax tax- es Cs upon Incomes which ta taxes es may bo be o graduated and progressive e 81 and md reasonable reasonable reasonable reason reason- able exemptions may be provided pro and I a credit may be bo allowed on Income tax Mx s a 5 for property taxes paid within the year provided that nothing in this section shall permit classification of mines s or mining claims Sec 3 Tho The property of tho the United United Unit Unit- ed States of the state counties towns school districts municipal corporations cots cor- i orations and public libraries Iota lota with the buildings thereon used need exclusively ex ex- elusively for tor higher religious worship or charitable purposes and places c ot at burial not held or used for private o or corporate benefit and mortgages both real and personal property shall be exempt from taxation Ditches canals canaIs reservoirs pipes pipea and owned and used by indivIduals individual or co car for tor irrigating lands owned by hy such individuals or corporations or the individual members thereof shall sall not be separately taxed so 80 long longas as they shall ahall be owned and used exclusively exclusively ex ox- elusively for such purpose a deduc deduc- I lion Hon of or debits from credits ma may be authorized and taxes of the indigent poor may be remitted or abated at such time and In such manner as l may ay Ie je provided by law Sec See 2 The s secretary of state is directed to cause urse this proposed amendment amendment amend amend- ment to be published as required by the constitution and to be submitted to tile tho electors of the state at the next general election in the manner provided pro pro- vided by br law Sec 3 If U approved by the tho electors o of the state this proposed amendment shall take effect on the first fust day daj of January 1923 1023 Approved March March 17 11 1921 |