Show CONSTITUTIONAL AMENDMENT I NO 2 Proposing to Amend Sections 2 and 3 Article XIII of the Constitution Constitution Constitution tion of Utah Relating R to Property Subject to Taxation and Rates of TaxA Tax TaxA TaxA A resolution proposing amendment to Sections 2 and 3 Article 1 13 11 of ot the Constitution of the State of Utah relating re reo latin hating lating to property subject to taxation and rates of tax tar Be Re it resolved by hy the Legislature of the State of or Utah two-thirds two of all the members elected to each house concurring therein Section 1 That it is proposed to amend Sections 2 and 3 of Article 1 Li of the Constitution of ot the State of Utah so that such sections will read as follows Sec 2 2 To the end that the burden hurden of ot taxation may he be equitable upon all property the legislature is empowered to divide all an property including moneys moneys mon mon- monI I eys eye and credits as well as physical property into classes and to determine determine determine deter deter- I mine what class or classes of property proper proper- ty shall he be subject to taxation and j what property if it any shall not be subject to taxation Taxes shall be uniform upon all property of the same class clas and shall he be levied and collected collect collect- I ed for tor public purposes only lax Taxes s may be imposed upon any and all property Including privileges franchises fran Cran I chiles and licenses to do business Inthe in inthe inthe the state hut but this shall not be so con con- as to authorize the taxation of the stocks of or any company or corporation corporation corpora corpora- tion when the property of ot such company company com com- pany lany or corporation represented by such stocks has been taxed The le legislature leg leg- is empowered to impose taxis tax tax- taxes es is upon incomes which taxes may be he gra graduated d d and progressive and reasonable reasonable reason reason- able exemptions may be provided and a credit may be he allowed on Income tasS tas'S tax tas S 'S s for property taxes paid within withla tho the year r provided that nothing in this section shall permit of ot mines or mining claims Sec 3 3 The Tho property of the tho United United Unit Unit- ed ell States o of the state counties cities towns school districts municipal corporations corporations cor- cor and public libraries loU lots with the buildings thereon used exclusively ex- ex for Cor higher religious worship or charitable purposes purposes and places of ol burial not held or used for private or Of corporate benefit and mortgages upon both real and personal property shall shaU be he exempt from taxation Ditches canals r reservoirs pipes and flumes I owned and used by individuals indi or corporations cor cori for Irrl irrigating lands owned by hy such individuals or corporations or tho the individual members thereof shall not be separately taxed so Ion longas long as they shall bo be owned and use used 1 exclusively exclusively ex ex- elusively for tor such purpose a deduction deduction deduc deduc- tion of or debits from Crom credits may be authorized and taxes tans of ot the indi indigent poor 1001 may be remitted or al abated at such time and in such maDl manner er as may ho he provided by law Sec 2 2 The secretary of state tate if S. directed to cause this proposed amendment amend amend- amendment 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 l election In the manner provided pro vided by law haw Sec 3 I If f approved by the electors elector of or the state this proposed amend amendment mot shall take effect on the first day of at 0 January l 1023 Jm 3 Approved March 17 1921 |