Show I H H. H J. J R. R No 7 By Hopkins I Gunther Welch and Sheffield A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO PRO- POSING TO AMEND ARTICLE ARTICLE ARTICLE AR AR- XIII SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH RELATING RELATING RE- RE LATING T TO 0 TANGIBLE PROPERTIES EX EXEMPT E M P T FROM TAXATION Be it resolved by the Legislature Legislature Legisla Legisla- Legislature ture of of the State of 01 Utah two-thirds two of all members elected to each of the two V houses voting in 1 favor favorS a 11 0 r S thereof V Section 1 It is proposed to amend Article XIII Section 2 V of the Constitution of the State of Utah to read as follows V Section 2 All tangible property property property prop prop- prop prop- V erty in the state not exempt under the laws of the United L States or under this constitution constitution constitution tion shall be taxed in proportion proportion tion lion to its value to be ascertained ascer ascer- tamed as provided by law The Thel l property of the state counties 1 cities towns school districts municipal corporation a and n c I public libraries lots with the th ci i buildings thereon used exclusively exclusively for either religious worship worship wor wor- ship or charitable purposes and places of ot burial not heldor held heldor I 1 or used for private privat or corporate corporate corpor corpor- ate benefit shall be exempt L from taxation Water rights ditches c can canals a n a 1 S reservoirs power plants pumping plants transmission lines pipes and ana I I flumes owned and used by individuals individuals in in- in or corporations for foi irrigating land within the state owned by such individuals or oi corporations or the individual i members thereof shall not be separately taxed as long anthey as an they shall shaH be owned and used exclusively for such purposes Power plants power transmission transmission sion Zion lines ines and other property S used for generating and delivering delivering delivering de de- de- de livering electrical power a a L portion of which is used for fox furnishing power for pumping water for Irrigation purposes purposes on lands in the State of Utah may be exempted from taxation taxation taxation taxa taxa- tion to the extent that such is used for such purposes pur pur- poses These exemptions shall 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 maybe may maybe maybe be remitted or abated at such times and in such manner as V Vmay The may be provided by law legislature may provide for the a exemption from taxation of homes homesteads and personal personal personal per per- property not to exceed 2000 in value for homes and homesteads and all household furnishings furniture a and n ci equipment used exclusively bythe bythe by bythe the owner thereof at his place of abode in maintaining a ahome ahome ahome home for himself and family Property not to exceed in value owned by disabled persons who served in any war warin warin warin in the military service of the United States or of the State of Utah and by the unmarried widows and minor orphans of such persons may be exempted as the legislature may provide The le legislature shall provide by law for an annual tax sufficient sufficient suf suf- sufficient suf- suf with other sources of revenue to defray the estimated esti estimated esti- esti estimated mated ordinary expenses of the state for each fiscal year For the purpose of paying the state debt if any there be the legislature shall thaIl provide for levying a tax annually sufficient sufficient sufficient to pay the annual interest interest interest inter inter- est and to pay the principal of such debt within twenty years from the final passa passage e 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 in inthe inthe the manner provided bv by law Section 3 If adopted by the electors of this state this state this amendment shall take ake effect the first day of January 1959 |