Show CONSTITUTIONAL AMENDMENT AMENDMENT- NO 2 Proposing to Amend Sections 2 and 3 3 Article XIII o of the Constitution Constitution tion of Utah Relating to Property Subject to Taxation and Rates of Tax TaxA TaxA TaxA A resolution proposing amendment to Sections 2 and 3 Article 13 of the Constitution of the State of Utah relating re ra- re- re hating lating to property subject to taxation and rates of tax taC Be it resolved by the Legislature of the State of oC Utah two-thirds two of all the members elected to each house concurring ring therein Section 1 That Thai it Is proposed to Amend Sections 2 and 3 of at Article 13 of the Constitution of the State of Utah so 80 that such sections will read reads s IUS follows Sec See 2 To the end that the burden of taxation may maYbe be equitable upon all property the legislature is empower empowered d to divide all property Including moneys mon men moni i eys cys an and credits as well as physical property Into classes and to determine determine determine deter deter- mine what class or classes of property proper proper- ty 11 haD ahall ho he subject to taxation and What property If any shall not be subject to taxation Tates shall he be uniform upon all property of the same class cIas and shall be levied and collected collect collect- ed eel for tor public purposes only Taxes may be Imposed upon any and all property including privileges franchises fran fran- and licenses to do business in inthe inthe the state hut but this shall not be so BO construed construed con con- as to authorize the taxation of the the- stocks of any company or corporation corpora corpora- lion tion whan whEW the property of such company com corn pany or corporation represented by such stocks bas has been taxed The legislature leg leg- Is empowered to Impose taxes taxes tax tax- es 08 upon Incomes which taxes may be graduated and ami progressive ssi e and reason 1 able exemptions may be 00 provided and a cre credit Ut may be allowed on inco income PS Cs s for property taxes paid within withla the year provided that nothing in thu section shall permit of mines or mining claims Sec 3 The property of the ed States of the state counties cities citIe towns school districts municipal corporations cor cot and public libraries Iota lota I with the tho buildings thereon used exclusively ex ex- ex elusively for higher religious worship or charitable purposes and places 0 of ci burial not held hold or used for tor private or corporate benefit and mortgages both real and personal property shall shaH be exempt from taxation Ditches canals reservoirs pipes and flumes flume owned and used by individuals or co COIo for irrigating lands owned by Such auch individuals or corporations or the individual members thereof shall not bo ho separately taxed so long as they ther shall be owned and used exclusively exclusively ex ox- elusively for such purpose a deduc deduCe tion of debits from credits may be authorized and taxes of the Indigent poor may be he remitted or abated at such time and In such manner as may he be provided by law Sec 2 The secretary of state ia is directed to cause this proposed amendment amend mend ment meat to be published as required by the constitution and to be submitted to tho the electors of the state at t the next general election In the manner p pro provided vided by law Jaw Sec 3 If approved by the electors electon of the state this proposed am amendment end meat shall take effect on the first day or ci January 1923 Approved March 17 1021 1921 |