| Show CONSTITUTIONAL AMENDMENT 1 A JOINT RESOLUTION PROPOSING TO AMEND ARTICLE SECTION 2 OF THE CONSTITUTION OF THE STATE OF RELATING TO AN AD VALOREM TAX PROVIDING THAT TANGIBLE PERSONAL PROPERTY WHICH IS SHIPPED BEYOND THE STATE OF UTAH WITHIN A PERIOD OF ONE YEAR MAY BE EXEMPTED FROM AD VALOREM 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 amend Article Section 2 of the Constitution of the State of Utah to read as Section All tangible property in the not exempt under the laws of the United or under this shall be taxed in proportion to its to be ascertained as provided by The property of the corporations and public lots with the buildings thereon used exclusively for either worship or charitable and places of burial not held or used for private or corporate shall be exempt from Tangible personal property present in Utah on January which is held for sale or processing and which is shipped to final destination outside this state within 12 months may be deemed by law to have acquired no situs in Utah for purposes of ad valorem property taxation and may be exempted by law from such whether processed or produced or otherwise originating within or without the Water power pumping transmission pipes and flumes owned and used by individuals or corporations for irrigating land within the state owned by such individuals or or the individual members shall not be separately taxed so long as they shall be owned and used exclusively for such Power power transmission 1 ines and other property used for generating and delivering electrical a portion of which is used for furnishing power for pumping water for irrigation purposes on lands in the state of may be exempted from taxation to the extent that such property is used for such These exemptions shall accrue to the benefit ol the users ol water so pumped under such regulations as the may The taxes of the poor may be remitted or abated at such times and in such manner as may be provided by The-legislature may provide for the exemption from taxation o f and personal not to exceed in value for homes and and all household and equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and Property not to exceed in owned by persons 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 disabled persons or of persons who while serving in the military service of the United States or the state of Utah were killed in action or died as a result of such service may be exempted as the The legislature shall provide by law for an annual tax with other sources of to defray the estimated ordinary expenses of the state Tor each mc purpose of paying the state if any there the legislature shall provide for levying a tax sufficient to pay the annual interest and to pay the principal of such within twenty years from the final passage of the law creating the Section The secretary of state is directed to submit 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 amendment shall take effect upon January LAMONT F. Secretary of State of the State of DO HEREBY CERTIFY that the foregoing Is a true and correct copy of the constitutional amendment proposed by the regular session of the Thirty-Fifth as appears of record in my IN WITNESS I have hereunto set my hand and affixed the Great Seal of the State of at Salt Lake this day of LAMONT F. TORONTO Secretary of State j 1 |
