Show C CONSTITUTIONAL ON L AMENDMENT I NO 2 Proposing to Amend Sections 2 and 3 3 Article XIII of the Constitution tion of Utah Relating to Property Proper y Subject to Taxation and Rates of Tax TaxA TaxA TaxA A resolution proposing amendment to Sections 2 and 3 Article 13 of the Constitution of ot the State of Utah relating relating re reo lating to property subject to taxation and rates of tax Be it resolved by the Le Legislature i of the State of Utah two-thirds two of Df all the members elected t to each house bouse concurring therein Section 1 That It Is proposed to amend Sections 2 and 3 of or Article 13 of at the Constitution n of the State of Utah so that such sections will read u g follows Sec 2 2 To the end that the burden hurden of at taxation may be equitable upon all property the legislature is empowered to divide all property including moneys mon monO eys eye and credits as well well s as physical property into classes and to determine determine deter deter- deter I mine what class or classes of at property proper proper- ty shall be subject to taxation and I what property If it any shall not be j subject to t taxation aati on Taxes shall be uniform upon all property of the same I class eisa-a and shall he be levied and collected collect collect- collect J ed for public puw purposes ses only Taxes i imay i may be Imposed upon any and all al I property including privileges franchises franchises fran fran- franI and licenses to do business In Inthe inthe inthe the state stat but this shall not be so pon- pon on- on as to authorize the taxation atthe of at the stocks s of oC any company or corporation corpora corpora- lion tion when the property of oC such company company com corn pany or corporation represented by hy such stocks has been t taxed The legislature legislature leg leg- is empowered to impose taxes tax es Cs upon incomes which taxes may be graduated and progressive ro and reasonable reasonable reason reason- able exemptions may be provided and a 8 credit may be allowed on Income tax tar LS es s for property ta taxes es paid within the year provided that nothing In this thia section sl shall all permit classification of mines or mining claims Sec 3 The property of ot the United United Unit Unit- ed States States of ot the state counties cities towns school districts municipal cor- cor and public libraries loU lots with the buildings thereon used exclusively exclusively exclusively ex ex- ex- ex for higher religious worship or charitable purposes and places of at burial not held or used for tor private or corporate benefit and mortgages upon I both real and personal property shall shaU be exempt from taxation Ditches canals r reservoirs pipes and flumes fiumes owned o and used by individuals or coi o for irrigating lands owned by such in individuals or corporations corporation or the Individual members thereof shall not bo separately t taxed so long as they shall be owned and used exclusively exclusively ex ox- elusively for tor such purpose a deduction deduc tion Uon of debits from credits ma may bo be authorized and taxes of ot the indigent poor may be remitted or ab abated ted at such time and in such manner as may be provided by law Sec 2 The secretary of state la is S directed to cause this proposed amendment amend ment meat to be published as required by I the constitution and to be submitted to i the electors of the state at the next general election In the manner provided provided pro pro- vided by by- law Sec 3 If approved by the electors elector of the state this proposed amendment shall take effect on the tho first day 0 of January 1023 Approved March 17 11 1921 |