Show 7 By Welch and Sheffield A JOINT RESOLUTION PROPOSING TO AMEND ARTICLE SECTION 2 OF THE CONSTITUTION OF THE STATE OF RELATING T O TANGIBLE PROPERTIES EXEMPT FROM fie it resolved by the Legislature of the State of two-thirds of all members elected to each of the two houses voting in favor Section It is proposed to Article Section 2 Constitution of the State M to read as Section All tangible property in the not exempt gp the laws of the United 1 or under this shall be taxed in JQ to its to be ascer-jamed as provided by The perty of the school municipal corporation and lots with the thereon used for either religious JP or charitable JJ places of burial not held j 1 J toed for private or corpor-i shall be exempt jya Water pumping r pipes and owned and used by or corporations for gating land within the state by such individuals or or the individual Sobers shall not be i taxed as long as S y shall be owned and used for such power other property for Generating and electrical a of which is used lor power for pumping water for irrigation purposes on lands in the State of may be exempted from taxation to the extent that such is used for such These exemptions shall accrue to the benefit of the users of water so pumped under such regulations as the legislature may The taxes of the indigent poor may be remitted or abated at such limes and in such manner as may be provided by The legislature may provide for the exemption from taxation of and personal not to exceed in value for homes and and all household a n d equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and Property not to in owned by disabled persons who served in any war 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 The legislature shall provide by law for an annual tax with sources of to defray the estimated ordinary expenses of the state for each fiscal For the purpose of paying the state if any there the legislature shall provide for levying a tax sufficient to the interest and to pay the principal of such within twenty years from the passage of the law creating the Section The secretary of state is directed to submit this proposed amendment to the electors of the State of Utah at the next general election in the manner provided by Section If adopted by the electors of this this this amendment shall take effect the first day of |