| Show I i I H H. H J. J J R. R R No 7 By Hopkins 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 RS- RS i LATING I T O 0 gF TANGIBLE 1 Mit PROPERTIES EX EXEMPT E M P T FROM TAXATION Be it resolved by the Legislature Legislature Legislature Legisla Legisla- ture of the State of 0 Utah two-thirds two of 01 all members elected to each of 0 the two houses voting in f favor a v o 0 r thereof Section 1 1 It is proposed to amend Article XIII Section 2 of the Constitution of the State of Utah to read as follows Section 2 All AU tangible property property prop prop- erty in the state not exempt under the laws of the United States or under this tion shall be taxed in m proportion proportion proportion tion to its value to be ascertained ascertained ascertained ascer ascer- as provided by law The prop property of the state counties cities towns school districts municipal corporation a and n d di public libraries lots with the buildings thereon used exclusively lively for either religious worship wor ship or charitable purposes and places of burial not held heldor or used for lor private or corporate corporate corpor torpor ate att benefit shall be exempt from taxation Water Waler rights ditches c can canals a n a l Is s reservoirs power plants pumping plants transmission lines pipes and flumes owned and used by Individuals in individuals In In- or corporations for irrigating land within the state owned by such individuals or corporations or the individual members thereof shall hall not be separately t taxed as long Jong as they shall be owned and used exclusively for such uch purposes Power plants power transmission transmission sion lines and other property I used for generating and delivering delivering de de- livering livening electrical power a portion of which is used for furnishing f po power po-A-er r for p pumping pin water waler for irrigation 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 pur pur- poses These exemptions shall shaH accrue to the benefit of tho the users of water so pumped under such regulations as the legislature may prescribe The Tha taxes of the indigent poor may be remitted or abated at such times and in such manner as asmar may mar be provided by law The legislature may provide for the exemption from taxation of I homes homesteads and peri personal personal per per- i property not to exceed 2000 in value for homes and homesteads and all household furnishings furniture and a n d equipment used exclusively by the owner thereof at his place of abode in maintaining a ahome ahome home homo for himself and family Property n not t to exceed in value owned by br disabled persons who served In m any war 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 legislature shall shaH provide by l lv w v for at an ar annual tax sufficIent sufficient suf suf- with other otier sources of revenue to defray the estimated estimated esti cst mated ordinary expenses of the stale state for each fiscal year For the purpose of paying the state debt if any there be t le to legislature shall provide for levying a tax annually dent to pay the annual Interest interest inter litter est and to pay the principal of such debt within twenty years from the final pa passage sago of ot the law creating the debt Section 2 The secretary of ot state Is directed to submit this proposed amendment to the electors of ot the th State of Utah Ulah at the next cent general ral election in inthe inthe inthe the manner provided by law Jaw Section 3 If adopted by t electors of this state this state this this' amendment shall take effect the first day ol of January 1053 |