Show 1 f r. r H. H J. J R. R No 2 By G. G Douglas i t Taylor Edward C. C i Larsen and Howe V RESOLUTION PROPOSING PRO- PRO A A JOINT rl rK POSING AN AMENDMENT r I TO SECTION 11 OF ARTICLE ARTI- ARTI 4 j i CLE XIII OF THE CONSTITUTION I i OF THE STATE X 1 OF UTAH RELATING TO TOA SYSTEMS OF PUBLIC ACCOUNTING ACCOUNTING ACCOUNTING AC- AC A- A J COUNTING UNDER THE i i 1 TAX LAWS OF THE STATE j.- j. Be it resolved by the Legislature Legislature Legisla- Legisla l ture of the State of Utah I 1 two-thirds two of all alt members kY 1 i elected to each of the two J houses voting in favor f a v 0 r t. t j thereof tl L' L Section 1 It is propos proposed d to amend Section 11 of Article XIII of the Constitution of the f S State of Utah so that the same shall read as follows S Section 11 There shall be a aS S State Tax Commission consisting consisting consisting consist consist- ing of four members not more than two of whom shall belong belong belong be be- long to the same political party The members of the Commission shall be appointed by the Governor by and with the consent of the Senate Senate for for lor such terms of office as may be provided by br law The State Tax Commission shall administer administer admin admin- ister and supervise the tax laws of the State It shall assess aso assess as as- o sess mines and public utilities S and adjust and equalize the c r valuation and assessment of F. F property among the several counties It shall have such fr f. f f- f H. H J. J R. R No 7 By Hopkins fi t S Gunther Wangs aard Welch and Sheffield rv A JOINT RESOLUTION PROPOSING PROPOSING PRO PRO- POSING TO AMEND ARS ARTICLE ARTICLE AR AR- S XIII SECTION 2 OF THE CONSTITUTION OF c 1 THE STATE OF UTAH RELATING REf RE RE- f- f LATING T TO 0 TANGIBLE PROPERTIES EXEMPT r I. I i FROM TAXATION Be it resolved by the Legislature Legislature Legislature Legisla Legisla- S State of Utah ture of the t. t two-thirds two of aU all members p- p T i elected to each of the two r. r 4 i houses houses' voting in f favor a v o 0 r rp P 11 n thereof I Section 1 It is Is' proposed to tok k amend Article XIII Section 2 I H of the Constitution of the State 5 t. t to read as follows t. t S Section 2 2 All tangible property property prop prop- v erty in the state not exempt I. I j S. S under the laws of the United States or under this 7 rf tion ton shall be taxed in proportion v tion bon to its value to be ascertained ascer- ascer 6 tamed as provided by law The J property of the state counties 5 cities towns school districts S. municipal corporation an and d dS f. f S public libraries lots with the theU U buildings thereon used exclusively exclusively exclusively for either religious worship worship wor wor- ship hip or charitable purposes I i and places of burial not held held j i t or used for private or corporate corpor- corpor r ate benefit shall be exempt from irom taxation Water rights ditches C can canals a n a 1 S s. s reservoirs I power plants pumping plants transmission lines pipes and I fl flumes mes owned and used by Individuals Inv InS Individuals In- In v or or corporations for forr it r V S irrigating land within the state 1 S owned by such individuals or corporations or the individual members thereof shall not be bet taxed as long as t a they shall be owned and used exclusively for such purposes r Power plants power transmission transmission sion sian lines and other property used for generating and delivering de delivering de- de livering electrical power a 5 portion of which is used for furnishing fu power for pumping other powers of original assessment assessment assessment assess assess- ment as the Legislature may provide Under such re regula regulations la- la in such cases and within such limitations as the Legislature Legislature Legislature Legis Legis- lature may prescribe it shall review proposed bond issues revise the tax levies of local governmental units and equalize equal equal- ize ire the assessment and valuation valuation valuation of property within the counties the duties imposed upon the State Board of Equalization Equalization Equalization Equal Equal- by the Constitution and Laws of this State shall be performed by the State Tax Commission In each county of this State there shall be a County Board of Equalization consisting of the Board rd of ot o County C Commissioners Commissioners Commis Commis- of the said county countr The County Boards of Equalization shall adjust and equalize the valuation and assessment of the real and personal property within their respective counties counties counties coun coun- ties subject to such regulation and control l by the State Tax Commission as may be prescribed prescribed prescribed pre pre- scribed by law The State Tax Commission and the County Count Boards of Equalization sha shall 1 each have such other powers as may be prescribed by the Legislature Section 2 The Secretary of State is directed to submit this proposed amendment t to the electors of the state at the next general election in the manner provided by law Section 3 It If adopted by the electors of the state this amendment shall take effect the first day of January 1959 water for irrigation purposes o on lands in the State of Utah may be exempted from taxation taxation taxation taxa taxa- tion to the extent that such proper is used for such pur par poses These exemptions shall shan accrue to the benefit of the users of water so pumped under such regulations as the legislature may prescribe The taxes of the indigent poor ma mabe may maybe maybe be remitted or abated at mc such times and in such manner as may be provided by law The legislature may provide for the exemption from taxation of homes homesteads and personal personal per per- property not not- notto to exceed 2000 in value for homes and homesteads an and all household furnishings furniture a and n d equipment used exclusively by bythe bythe bythe the owner thereof at his place of abode in maintaining ahome a ahome ahome home for himself and nd family Property not to exceed in value owned by disabled who served in any war warIn warin warin persons in the military service of the United States or of the State of of Utah and by the unmarried widows and minor orphans of oi such persons may be exempted as the legislature may provide The legislature shall provide by law for an annual tax sufficient sufficient suf suf- sut- sut of with other sources revenue to defray the estimated estimated esti estimated esti- esti mated ordinary expenses of oi the state for each fiscal year For the purpose of paying the state debt if U any there be the legislature shall provide for levying a tax annually sufficient dent to pay the annual interest interest interest inter inter- est and to pay the principal of such debt within twenty years from the final passage of the law creating the debt Section 2 The secretary of state is directed to submit this proposed amendment to the electors of the State of Utah at the next general election inthe inthe in inthe the manner provided by law Section 3 If adopted by the electors of this state this state this amendment shall take effect the first day of January 19 1959 9 |