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Show other powers of original assess- ment as the Legislature may provide. Under such regulations regula-tions in such cases and within such limitations as the Legislature Legis-lature may prescribe, it shall review proposed bond issues, revise the tax levies of local governmental units, and equalize equal-ize the assessment and valuation valu-ation of property within the counties, the duties imposed upon the State Board of Equalization Equal-ization by the Constitution and Laws Of this State shall be performed by the State Tax Commission. In each county of this State there shall be a County Board of Equalization consisting of the Board of County Commissioners Commis-sioners of the said county. The County Boards of Equalization shall adjust and equalize the valuation and assessment of the real and personal property within their respective counties, coun-ties, subject to such regulation and control by the State Tax Commission as may be prescribed pre-scribed by law. The State Tax Commission and the County -Boards of Eoualization shall each have such other powers as may be prescribed by the Legislature. Section 2. The Secretary of State is directed to submit this proposed amendment to the electors of the state at the next general election in the manner provided by law. Section 3: If adopted by the electors of the state, this : amendment shall take effect i the first day of January, 1959 H. J. R. No. 2 By Messrs. G. Douglas Taylor, Edward C. Larsen and Howe A JOINT RESOLUTION PROPOSING PRO-POSING AN AMENDMENT TO SECTION 11 OF ARTICLE ARTI-CLE XIII OF THE CONSTITUTION CONSTI-TUTION OF THE STATE OF UTAH RELATING TO SYSTEMS OF PUBLIC ACCOUNTING AC-COUNTING UNDER THE TAX LAWS OF THE STATE. Be it resolved by the Legislature Legisla-ture of the State of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof: Section 1. It is proposed to amend Section 11 of Article XIII of the Constitution of the State of Utah so that the same shall read as follows: Section 11. There shall be a State Tax Commission consisting consist-ing of four members, not more than two of whom shall belong be-long to the same political party. The members of the Commission shall be appointed by the Governor, by and with the consent of the Senate, for such terms of office as may be provided by law. The State Tax Commission shall administer admin-ister and supervise the tax laws of the State. It shall assess as-sess mines and public utilities and adjust and equalize the valuation and assessment of property among the several counties. It shall have such water for irrigation purposes on lands in the State of Utah, may be exempted from taxation taxa-tion to the extent that such propery is used for such purposes. pur-poses. These exemptions shall accrue to the benefit of the users of water so pumped under such regulations as the legislature may prescribe. The taxes of the indigent poor may be remitted or abated at such times and in such manner as may be provided by law. The legislature may provide for the exemption from taxation of homes, homesteads, and personal per-sonal property, not to exceed $2,000 in value for homes and homesteads, and all household furnishings, furniture, and equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and family. Property not to exceed $3,000 in value, owned by disabled persons who served in any war in the military service of the United States or of the State ot Utah and by the unmarried H. J. R. No. 7 By Mssrs. Hopkins, Gunther, Wangsgaard, Welch and Sheffield A JOINT RESOLUTION PROPOSING PRO-POSING TO AMEND ARTICLE AR-TICLE XIII, SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH, RELATING RE-LATING T O TANGIBLE PROPERTIES EXEMPT FROM TAXATION. Be it resolved by the Legislature Legisla-ture of the State of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof: Section 1. It is proposed to amend Article XIII, Section 2 of the Constitution of the State . of Utah, to read as follows: Section 2. All tangible property prop-erty in the state, not exempt under the laws of the United States, or under this constitution, constitu-tion, shall be taxed in proportion propor-tion to its value, to be ascer- widows and minor orphans or such persons may be exempted as the legislature may provide. The legislature shall provide bv law for an annual tax sufficient, suf-ficient, with other sources ot revenue, to defray the estimated esti-mated ordinary exoenses of the state for each fiscal year. For the purnose of paying the tate debt, if anv there be, the legislature rhall provide for levying a tax annually, sufficient suffi-cient to nay the annual interest inter-est and to pay the principal of such debt, within twenty vears from the final passive of the law creating the debt. Section 2. The secretary of state is directed to submit this proposed amendment to Ihe electors of the State of Utah at the next general election in the manner provided by law. Section 3. If adopted by the electors of this state, this state, this amendment shall take effect the first day of January, 1959, tained as provided by law. The property of the state, counties, cities, towns, school districts, .municipal corporation and public libraries, lots with the buildings thereon used exclusively exclu-sively for either religious worship wor-ship or charitable purposes, and places of burial not held or used for private or corporate corpor-ate benefit, shall be exempt from taxation. Water rights, ditches, canals, reservoirs, power plants, Dumping plants, transmission lines, pipes and flumes owned and used by individuals in-dividuals or corporations for irrigating land within the state owned by such individuals or corporations, or the individual members thereof, shall not be separately taxed as long as they shall be owned and used exclusively for such purposes. Power plants, power transmission transmis-sion lines and other prooerty used for generating and delivering de-livering electrical power, a portion of which is used for furnishing power for pumping |
