Show CONSTITUTIONAL AMENDMENT I NO 2 Proposing to Amend Sections 2 and 3 Article XIII of the Constitution tion of Utah Relating to Property Subject to Taxation and Rates of Tax TaxA TaxA A A. resolution proposing amendment to Sections 2 and 3 Article 13 of or the Constitution of tho the State of oC Utah raI re re- I latin biting to property subject to taxation and rates of or tax tar Bo Ba It resolved ed by hy the J Legislature of oC the State o of Utah two-thirds two of or all the members elected to each house concurring therein Section 1 That it is proposed to amend Sections 2 and 3 of oC Article 13 of or the Constitution of the State o of Utah s so that such Buch sections will read readI M U follows S See Sec 2 Z To the end that tho the burden of ol taxation may be he equitable upon all pro property the tho legi legislature lature is empowered to divide all property including moneys mon man eye eys and credits as well as physical property Into inlo classes and to determine determine deter deter- deter I mine what class or Dr classes of property proper proper- proper proper-i j ty 13 shan shall be subject to taxation and I Wh what t property f If it any shall not be ho subject object to taxation Ta Taxes eB shall be 00 uniform upon all nIl property of the name Las class and shall he be levied and collected collect collect- I ed for public purposes only Taxes may be Imposed upon any and all franchises fran fran- property p including privileges J I and licenses to do business Inthe in I tho the state hut but this shall not be le so con con- trued as to authorize the taxation of or orthe the stocks of or any company or corporation corpora tion Lion when the property of or such company com corn pany pany or corporation represented by hy such michi stocks has been heen taxed The I legislature leg g. g is empowered to impose taxes tax tat which be he es en upon incomes taxes may lye and reasonable reason reason- graduated and progress progressive able exemptions may be he provided and a credit may be on Income tax tar s 45 9 for pro property taxes paid within the year provided that nothing in this section shall permit classification of mines or mIning raining claims Sec Hac 3 The property r of f the Unit ed pd States of the state cou counties clUes cities towns school districts municipal corporations cor coy and public libraries Iota loa with tho the buildings s thereon used ased exclusively ex elusively for higher religious worship or charitable purposes and places 0 of burial not held or used for private or corpor corporate te benefit and mortgages upon both real and personal property shall bo be exempt from taxation Ditches canals reservoirs pipes and flumes flumet owned and used by individuals or co com for irrigating lands owned by such Individuals or corporations or the individual members thereof thereof shall not be separately taxed so long longas as they shall h be owned and used exclusively ex ox- elusively for such purpose a deduction deduc tion of oC debits from credits may be he authorized and md taxes of ot the indigent poor may he remitted or abated at such time and in such manner as may be provided by law Sec c. c 2 The secretary of state la is directed to cause causo this proposed amendment amend amend- meet ment to be published as required by the constitution and to be submitted to tho the electors of the state at the next general election In the tho manner provided provided provided pro pro- vided by law Sec See 3 1 If f approved by hy the electors of or the state this proposed amendment shall take effect effort on the first day of January 1923 Approved ed March l 17 11 1921 1021 |