Show APPROVES NEW SYSTEM OF v SCHOOL FINANCING The special session of the Utah legislature adjourned Saturday alter approving a new program for financing the public school recommended by the Ute tax The program involved two amendments that were approved for submission to the electorate this K other major- proposals were submitted by the lax study 1 committee and covered In the governor's original for the One of Uses permit the legislature certain state-welfare and correctional approved and will be submitted to the electa- The other a constitutional amendment to empower the state to tax other hydro- carbons and on a pro- basis was Major Actions Other actions of the session In- the commission finance preparations for the observance in V Creation of a legislative com- to tudy report on thes State Approval of proposed amendments per- Incumbent stata officers and members to receive salary Increases voted by the last leg- amendment covering em- powers to In- crese or decrease In- one covering would empower- the leg- to Increase but de- between and wilt be to 73 per cent of the cost of a minimum school the latter being def In- ed as one calling for the ture of V. each ThU which will supplant and go farther than the present equalisation and high will be made up of revenue from th income and corporation franchise taxes and a state-wide property tax Hot more than 75 percent can come from property tax In the distribution of the money the poor districts will get more than those with high per capita taxable The district will have to provide from local taxation 23 per cent of the cost Of the program plus anything In addition to thai A result of the operation of the t program will be to Increase the overall school tax In wealthy now able to get along on low and reduce poor now imposing high county legislators at the special session were Senator Grant Vest of the Uintah- Duchesne county district and Led Uintah county re |