Show CONSTITUTIONAL AMENDMENT I NO 2 Proposing to Amend Se Sections 2 and 3 Article XIII of the Constitution Constitution Constitution tion of Utah Relating to Property Subject to Taxation and Rates of Tax TaxA A resolution proposing amendment to Sections 2 and 3 3 Article 13 of or the Constitution of the State of Utah relating relating re re- re- re lath lating to property subject to taxation and rates of tax tar Re Be it resolved hy by tho the Le Legislature of ot the State of or Utah two thirds of or all th th members elected to each house con concurring currIn therein Section 1 That It Is proposed to amend Sections 2 and 3 of Article 13 of the Constitution of or the State of Utah so that such sections will read as follows Sec See 2 To the end that the burden of ot taxation may he be equitable upon all property properly the legislature is empowered to divide di all property including moneys moneys moneys mon mon- eys and credits as well as physical property into classes and to deter g determine determine deter deter- mine what class or classes of property proper proper- ty shall he be subject to taxation and j what hat property if rr any shall not be bej I to taxation Taxes shall be ho j l li I i uniform upon ripen all property of or the same j I class and shall ho bo levied and collected collect collect- cd ed for public purposes only Taxes axes may may be he imposed upon any and all property Including privileges es fran franchises 1 chiles and licenses to do business inthe in I t the e state but this shall not be so BO construed con con- con I trued as to authorize the taxation of or orthe the stocks of any company or corporation corporation corpora corpora- tion Jon when whoa the tho property of such company company com com- pany or corporation represented by such loch stocks has been heen taxed The legislature legIslature legislature leg leg- Is IB empowered to Impose taxes taxes tax tax- e es upon incomes which taxes may be graduated and anel progressive and reasonable reason reason- able exemptions may be provided and ADd a 3 credit may be allowed on income taxes lates taxes tax lat es for property taxes paid within the year ear provided that nothing in this section shall permit lermit classification of I mines or mining claims Sec 3 The property of the United United Unit Unit- i ed States Stales of at the state counties cities towns school districts municipal corporations corporations cor cor- and public libraries lots with the buildings s thereon used exclusively ex ex- exclusively for higher religious worship or charitable purposes and and places ot of t h held d 6 o u for privateer ori I corporate benefit and mortgages es upon Ullon both real and personal property shall be exempt from taxation Ditches canals reservoirs pipes and flumes owned and used by individuals or corporatIons corporations corporations cor cor- for tor irrigating irrIg lands owned b by such stich Individuals IndI or corporations or the individual members thereof shall not be separately taxed so BO lon Ion lonas long longas as they shall be owned and used exclusively exclusIvely exclusively ex ex- for such purpose a deduction deduction deduction deduc deduc- tion of debits from credits may bo ho authorized and taxes of or the indigent ent poor may be remitted or abated at such time and In such manner as may be provided h by law Sec 2 The secretary of state is I directed to cause this proposed amendment amendment amendment amend amend- ment to be published as required by hy the constitution and to be he submitted to the electors of the state at the next general g election in the manner provided provided provided pro pro- vided by law Sec 3 3 If approved b by the electors of the state this proposed amendment shall take effect on the the first day of ot January 1023 Approved March 17 1921 |