Show CONSTITUTIONAL AMENDMENT NO 2 Proposing to Amend Sections 2 and 3 Article XIII of the tho Constitution tion of Utah Relating to Property Subject to Taxation and Rates of Tax TaxA TaxA A resolution proposing amendment to Sections 2 and 3 Article 13 of ot the Constitution of the State of ot Utah relating re reo I lating Un to property subject to taxation and antI rates rales of tax tar Be Bs It resolved by the Legislature of tho the State of ot Utah two-thirds two of aUtho all aU the tho members elected to each house con concurring currin therein Section 1 That It la Is proposed to amend Sections 2 and 3 of Article 13 of tho Constitution of tho the State of ot Utah so 80 that such sections will readIs read as u follows Sec Soc 2 To the end that the burden of taxation may milT be equitable upon all property the legislature Is empowered to divide air property including moneys mon mono eys eye and credits as well as as' as physical property into classes and to determine determine deter deter- mine mino what class or classes o of property proper- proper ty ty shall he be e subject to taxation and what hat property If any shall not be to taxation Taxes shall be uniform upon all an property of the same eama clow clau and Gd shall be levied and collected collect collect- ed oct for public purposes only Taxes may be Imposed upon any and all property including privileges franchises franchises fran Iran and licenses to do business inthe in inthe inthe the state but this shall not be so construed con- con trued as to authorize the taxation of the stocks of at any company or corporation corpora corpora- Lion tion when the property of such company company com corn pany or corporation represented b by such storks has been taxed The legislature leg leg- is empowered to impose taxes taxes tax tax- e es upon Incomes which taxes may lie ho graduated and progressive o and reasonable reason reason- tIe able exemptions may be provided and a credit may be allowed on income taxes tax tax- es Cs for tor property taxes tuxes paid within the year provided that nothing In la this thin section shall hall permit classification of ot mines or mining claims Sec See 3 3 The property o of at th the tha Unit ed eel S States tes of the state counties cities clUes towns school districts municipal corporations corporations cor- cor and public libraries loU lot I with the buildings thereon used exclusively exclusively ex ex- elusively for higher religious religions worship or charitable purposes and places of or burial not held or used for tor private o or Of corporate benefit and mortgages both real and pOlson personal l property shall he be exempt from taxation Ditches canals reservoirs pipe pipea and nd flumes owned and azul used by individuals or Ifor Irrigating lands owned by such individuals or corporations corporation or the Individual members member thereof shall not be separately taxed so 80 long longas as they shall be owned and used exclusively ex ox elusively for such uch purpose a deduction deduc tion of at debits from credits may be authorized and taxes of ot the Indigent poor may be bo remitted or Of abated at such time and In such BUch manner as may be ho provided by law Sec See 2 Tho The secretary of state is directed to cause this proposed amendment amendment amend amend- ment mont to be published as required by tho the constitution and to be submitted to the tha electors of tho the state at the next general ele election in the manner provided provided provided pro pro- vided by law JAw Sec Sac 3 If It approved by the elector of tho the state this proposed am amendment end meat shall take effect on the first tint day ol CIl January 1023 Approved ed March 17 11 1921 1021 |