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Show CONSTITUTIONAL AMENDMENT No. 1 A JOINT RESOLUTION PROPOSING PRO-POSING TO AMEND ARTICLE ARTI-CLE XIII, SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH, RELATING TO AN AD VALOREM TAX EXEMPTION; PROVIDING THAT TANGIBLE PERSONAL PROPERTY WHICH IS SHIPPED SHIP-PED BEYOND THE STATE OF UTAH WITHIN A PERIOD OF ONE YEAR MAY BE EXEMPTED EX-EMPTED FROM AD VALOREM VALOR-EM TAX. 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: there-of: 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 ascertained ascer-tained as provided by law. The property of the state, counties, cities, towns, school districts, municipal corporations and public pub-lic libraries, lots with the buildings build-ings thereon used exclusively for either religious worship or charitable purposes, and places of burial not held or used for private or corporate benefit, shall be exempt from taxation. Tangible personal property present pre-sent in Utah on January 1, m., which is held for sale or processing pro-cessing and which is shipped to final destination outside this state within 12 months may be deemed by law to have acquired no situs in Utah for purposes of ad valorem property taxation and may be exempted by law from such taxation, whether manufactured, processed or produced pro-duced or otherwise originating within or without the state. Water rights, ditches, canals, reservoirs, power plants, pumping pump-ing plants, transmission lines, pipes and flumes owned and used by individuals or corporations corpora-tions for irrigating land within the state owned by such individuals indi-viduals or corporations, or the individual members thereof, shall not be separately taxed so long as they shall be owned and used exclusively for such purposes. Power plants, power transmission 1 ines and other property used for generating and delivering electrical power, a portion of which is used for furnishing power for pumping water for irrigation purposes on lands in the state of Utah, may be exempted from taxation to the extent that such property is used for such purposes. 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 o f homes, homesteads, and personal person-al property, not to exceed $2,000 in value for homes and homesteads, home-steads, and all household furnishings, furn-ishings, furniture, and equipment equip-ment 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 mili-tary service of the United States or of the state of Utah and by the unmarried widows and minor min-or orphans of such disabled persons per-sons or of persons who while serving in the military service of the United States or the state of Utah were killed in action or died as a result of such service may be exempted as the legislature legis-lature may provide. The legislature shall provide by law for an annual tax sufficient, suf-ficient, with other sources of revenue, to defray the estimated ordinary expenses of the state for each fiscal year. For the purpose of paying the state debt, if any there be, the legislature legis-lature shall provide for levying a tax annually, sufficient to pay the annual interest and to pay the principal of such debt, within with-in twenty years from the final passage of the law creating the debt. Section 3. The secretary of state is directed to submit this proposed amendment to the electors elec-tors of the state of Utah at the next general election in the manner provided by law. Section 4. If adopted by the electors of this state, this amendment shall take effect upon January 1, 1965. I, LAMONT F. TORONTO, Secretary of State of the State of Utah. DO HEREBY CERTIFY CER-TIFY that the foregoing is a full, true and correct copy of the constitutional amendment proposed by the regular session of the Thirty-Fifth Legislature, 1963, as appears of record in my office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Great Seal of the State of Utah, at Salt Lake City, this 29th day of August, 1964. LAMONT F. TORONTO Secretary of State (SEAL) |
