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Show A-8 The Park Record Wednesday, September 18, 1996 LOCALS TWO-fOR-OriE rJITKC SPKIAL at 350 Aain Seafood and Oyster Company r n Bwi cw entree and receive a second entree of equal or lesser value free. i i i j i I .St 44 1 SI S" St SMA v-W 1 m s -d s s i I Expires September 26, 1996 Not valid in conjunction with any other offer. Please present this coupon when ordering your entrees. J Oyster Bar NOW OPEN 3 pm Daily Featuring salads, sandwiches, oysters, steamers, chowder & more! raw cncr new Amu, raw reiand ... join us mis wm at 350 aaih scArooo atd otstcr coapatiy 049-314O Light rail funding clears an important hurdle in Congress Funding for Utah transportation projects cleared a major hurdle last week when House and Senate conferees con-ferees approved $53.5 million in requests by Sen. Bob Bennett (R-Utah) (R-Utah) including $35 million for light rail, and additional funds for buses in Salt Lake City and Logan as well as Intermodal Transportation Centers and the Intelligent Transportation System along the Wasatch Front. "We're on significant step closer to seeing these transportation dollars dol-lars come to Utah," said Bennett, a member of Senate Appropriations Committee. "This action demonstrates demon-strates my colleagues' recognition of Utah's transportation demands and I'm delighted they have approved these much-needed funds." The conferees on the Fiscal Year 1997 Department of Transportation's Appropriations Bill approved Bennett's requests for $35 million for light rail, $5.6 million for Salt Lake City Winter Olympics buses and bus facilities, and $5.5 million mil-lion for Intermodal Transportation Centers along the Wasatch Front $4 million for the Salt Lake Gateway project, $1.5 million divided divid-ed among West Valley City, Park City and Ogden and $5 million for the Intelligent Transportation System which consists of a trans portation operations center for 1-15, housing computer systems, communication commu-nication terminals, workstations, and dispatching functions. Additionally, the Logan Transit District will receive $2.4 million for bus facilities in the city due to a request from Bennett. Bennett was able to increase by $1.4 million the funding going to Logan from the $1 million originally proposed by the conference committee. Bennett secured $58 million for light rail in the Senate version of the bill as well as $29 million for the other Utah projects for a total of $87 million. The Clinton Administration had requested $35 million for light National POW-MIA Day to be observed Sept. 20 Submitted by the Dept. of Veterans Affairs Sept. 20 has been set aside as National POW-MIA Recognition Day. Our former prisoners of war and those still missing in action deserve our special thoughts and thanks not only on this day, but every day. National POW-MIA Recognition Day ceremonies will be held throughout the nation and around the world on military installations, ships at sea, schools, churches and fire stations. The focus is to ensure that American remembers its responsibility to stand behind those who serve our nation and do everything possible to account for those who do not return. Nearly 61,000 former American POWs are alive today. In all, 142,257 Americans, including 83 women, have been captured and interned from World War I through the Somalia Conflict. Former American POWs are eligible for special veterans benefits, bene-fits, including medical care in VA hospitals and disability compensation compensa-tion for injuries and disease presumed pre-sumed to be caused by internment. Studies have shown that the physical physi-cal deprivation and psychological stress endured as a captive have life-long effects on subsequent health and on social and vocational vocation-al adjustment. There are 2,149 Americans still missing and unaccounted for from the Vietnam War. The government is continuing its efforts to determine deter-mine the fates of the MIAs and will continue until every one of them is accounted for. Dependent children and spouses of these ser-vicepersons ser-vicepersons are eligible for VA educational benefits. Further information about VA benefits and assistance may be obtained by calling the VA Regional Office in Salt Lake City at 524-5960, or toll-free at 1-800-827-1000. What's the score? What's happening? It's all in The Park Record Sports and Entertainment sections. rails in its budget request this year. The $53.5 million level approved last week is the result of reconciling differences dif-ferences with the House version whose numbers were dramatically lower those obtained by Bennett. Following House and Senate approval of the conference report, expected next week, the legislation will be sent to President Clinton for approval. The president is expected to sign the measure. Breast Cancer Month On Sept. 25, Gov. Michael O. Leavitt will sign a proclamation proclama-tion declaring October as Breast Cancer Awareness Month. The public is invited to join the governor and Mrs. Leavitt for the signing at 1:30 p.m. in the governor's office at the State Capitol. Volunteers representing the American Cancer Society, the Breast Cancer Coalition of Utah, the Race for the Cure and others will band together with state and local health departments to kick off a month of enhanced education, screening and awareness. This year some 860 Utah women will learn they have breast cancer and approximately approximate-ly 210 will die from this disease. Early detection is the key to a positive outcome. For more information about local plans for Breast Cancer Awareness Month or to find out how you can join the fight, call your local American Cancer Society office or 1-800-ACS-2345. In accordance with section 209-3-41, Utah Code Unannotated 1992, 1, Olene S. Walker, Lieutenant Governor of the State of Utah, am causing the texts of the following Propositions and Initiative which will appear on the ballot at the General Election to be held Tuesday, November 5, 1996, to be printed in at least one newspaper in every county of the state where a newspaper is published. JURY TRIAL RESOLUTION 1996 GENERAL SESSION STATE OF UTAH Sponsor: Lyle W. Hillyard A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTITUTION; AMENDING THE PROVISIONS ON TRIAL BY JURY; PRESERVING THE RIGHT TO A TRIAL JURY IN CRIMINAL CASES; REPEALING THE REQUIREMENT REQUIRE-MENT OF EIGHT-PERSON JURIES IN GENERAL JURISDICTION COURTS: AND PROVIDING PRO-VIDING AN EFFECTIVE DATE. This resolution proposes to change the Utah Constitution as follows: AMENDS: ARTICLE I, SECTION 10 Be it resolved by the Legislature of the state of Utah, mo-thirds of all members elected to each of the two houses voting in favor thereof: Section I . It is proposed to amend Article I. Section 10, Utah Constitution, to read: Article I, Section 10. (Trial by jury. In capital cases the right of tnal by jury shall remain inviolate. ln courts of general jurisdiction, jurisdic-tion, except in eapital eases, a jury shall consist of erght farm. In courts of inferior jurisdiction jury s n of four iurors.) In capital cases the iurv shall consist of twelve persons, and in all other felony cases, ihe iurv shall consist nf no fewer ihan eight persons. In other cases, the Legislature shall establish the number of iurors hv statute, hut in no event shall a iurv consist of fewer than four persons. In criminal cases the verdict shall be unanimous. In civil cases three-fourths three-fourths of the jurors may find a verdict. A jury in civil cases shall he waived unless demanded. Section 2. Submittal to electors. The lieutenant governor is directed (p submit this proposed amendment to the electors of the state of Utah at the next general election in the manner provided bv law. Section 3. Effective date. If approved hy the electors of the state, the amendment proposed hv this joint resolution shall Hk(trrt on January 1. 1997. RESOLUTION AMENDING VETERANS' PROPERTY TAX EXEMPTION 1996 GENERAL SESSION STATE OF UTAH Sponsor: Wllford R. Black Jr A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTITUTION; AMENDING THE PROVISIONS PERMITTING THE PROPERTY TAX EXEMPTION OF DISABLED PERSONS WHO WERE DISABLED OR KILLED IN THE LINE OF DUTY DURING ANY WAR. INTERNATIONAL CONFLICT. OR MILITARY TRAINING; GIVING DIRECTION TO THE LIEUTENANT GOVERNOR TO WITHDRAW AND REPLACE S.J.R. 5 FROM THE 1995 GENERAL SESSION; PROVIDING AN EFFECTIVE EFFEC-TIVE DATE; AND PROVIDING A COORDINATION CLAUSE This resolution proposes to change the Utah Constitution as follows:AMENDS: ARTICLE XIII, SECTION 2 Be it resolved by the Legislature 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, blah Constitution, to read: Article XIII, Section 2. Tangible property to be taxed Value ascertained Exemptions Ex-emptions Remittance or abatement of taxes of poor Intangible property Legislature Legisla-ture to provide annual tax for state. (1) All tangible property in the stale, not exempt under the laws of the United States, or under this Constitution, shall be taxed at a uniform and equal rale in proportion to its value, to be ascertained as provided by law. t (2) The following are property tax exemptions: (a) the property of the state, school districts, and public libraries; Conversion Note: The text from here to the next conversion note was loo long to fit in a headerfooter. x Conversion Note: End of long data beginning at last Conversion note. b) the property prop-erty of counties, cities, towns, special districts, and all other political subdivisions of the state, except that to the extent and in the manner provided by the Legislature the property prop-erty of a county, city, town, special district, or other political subdivision of the state located outside of its geographic boundaries as defined by law may be subject to the ad valorem property tax; (c) property owned by a nonprofit entity which is used exclusively for religious, charitable, or educational purposes; (d) places of burial not held or used for private or corporate benefit: and (e) farm equipment and farm machinery as defined by statute. This exemption shall be implemented over a period of time as provided by statute. O) Tangible personal property present in Utah on January I, m., which is held for sale or processing and which is shipped to final destination outside this state within twelve 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 or otherwise originating within or without the state. (4) Tangible personal property present in Utah on January 1, m held for sale in the ordinary course of business and which constitutes the inventory of any retailer, or wholesaler or manufacturer manu-facturer or fanner, or livestock raiser may be deemed for purposes of ad valorem property taxation to be exempted. (5) Water rights, ditches, canals, reservoirs, power plants, pumping plants, transmission lines, pipes and Humes owned and used by individuals or corporations for irrigating land within the state owned by such individuals or corporations, or the individual members thereof, shall be exempted from taxation to the extent that they shatl"be owned and used for such purposes. (6) Power plants, power transmission lines and other property used for generating and delivering deliv-ering electrical power, a portion of which is used for furnishing power for pumping water for imgauon 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. (7) The lanes of the poor may be remitted or abated at such times and in such manner as may be provided by law. Conversion Note: The text from here to the next conversion note was too long to fit in a headerfooter. x Conversion Note: End of long data beginning at last Conversion note. (8) The Legislature may provide by law for the exemption from taxation: of not to exceed 45 of the fair market value of residential property as defined by law; and all household furnishings, fur-nishings, furniture, and equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and family. (9) Property owned by disabled persons who semd-m wem dimhled in line of duty during any war. intfmajnnal conflict, or military training hi the military service of the United Stales or of the state of Utah and by the unmarried (widows) surviving spiw and minor orphans of such disabled persons or of persons who (while wring) during anv war international interna-tional conflict, w miliary lraining in the military service of the United States or the state of Utah were killed in action or died in the line of duty as a result of such service may be exempted as the Legislature may provide. (10) Intangible property may be exempted from taxation as property or it may be taxed as property in such manner and to such extent as the Legislature may provide, but if taxed as property the income therefrom shall not also be taxed. Provided that if intangible property is taxed as property the rate thereof shall not exceed five mills on each dollar of valuation. (11) The Legislature shall provide by law for an annual tax sufficient, 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 shall provide for levying a tax annually, sufficient to pay the annual interest and to pay the principal of such debt, within twenty years from the final passage of the law creating the debt Section 2. Submittal to etecton. The limieruinl govern j tlirfTtf 10 gubmil mi "rootled amendment in the electors of the state of Utah at the neu rn rff,inn m " mnnfJ "idwt hv Section 3. Effective data. If approved bv the elecinn frf Ihfl P. the amendment nronosed hv this joint resolution shall lake effeel on January 1. 1997. Section 4. Coordination dauaa. This resolution supersedes EnmlM TH S J R from thf 1 w "-""ll Snilffll RESOLUTION AMENDING THE REVENUE AND TAXATION ARTICLE AND EDUCATION ARTICLE FOR THE SUPPORT OF THE PUBLIC EDUCATION AND HIGHER EDUCATION SYSTEMS 19 GENERAL SESSION STATE OF UTAH Sponsor: Stephen J. Rees David H. Steele Howard A. Stephenson Lane Beattie Lyle W. Hillyard Leonard M Black ham Eddie P. Mayne David L Buhler Scott N. Howell Charles H. Stewart Craig A. Peterson L. Alma Mansell George Mantes Robert C. Steiner EMon A. Money Mike Dmitrich WUford R. Black Jr John P. Holmgren L. Steven Poullon LeRay McAllister Brent C. Richards Blaze D. Wharton Craig L. Taylor Nathan C. Tanner Robert F. Montgomery A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTITUTION; AMENDING THE REVENUE AND TAXATION ARTICLE AND EDUCATION ARTICLE; PROVIDING FOR INCOME TAX ALLOCATION TO THE SUPPORT SUP-PORT OF THE PUBLIC EDUCATION SYSTEM AND HIGHER EDUCATION SYSTEM; PROVIDING FOR UNIFORM LANGUAGE; AND PROVIDING AN EFFECTIVE DATE. This resolution proposes to change the Utah Constitution as follows: AMENDS: ARTICLE X, SECTION 5 ARTICLE XIII, SECTION 12 Be it resolved by the Legislature of the state of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof: Section I. It is proposed to amend Article X, Section 5, Utah Constitution, to read: Article X, Section 5. State School Fund and Uniform School Fund Establishment and use. (1) There is established a permanent State School Fund which shall consist of revenue from the following sources: (a) proceeds from the sales of all lands granted by the United States to this state for the support of the public elementary and secondary schools; (b) 5 of the net proceeds from the sales of United States public lands lying within this state; (c) all revenues derived from nonrenewable resources on state lands, other than sovereign lands and lands granted for other specific purposes; (d) all revenues derived from the use of school trust lands; and (e) other revenues appropriated by the Legislature. (2) The State School Fund principal shall be safely invested and held by the state in perpetuity. Only the interest received from investment of the State School Fund may be expended ex-pended for the support of the public elementary and secondary schools) education system as, defined in Article X. Section 2 of this constitution. The Legislature may make appropriations from school trust land revenues to provide funding necessary for the proper administration and management of those lands consistent with the state's fiduciary responsibilities towards the beneficiaries of the school land trust. Unexpended balances remaining from the appropriation at the end of each fiscal year shall be deposited in the State School Fund. A portion of the interest earnings of the State School Fund, in an amount equal to the total balance in the Slate School Fund at the close of each calendar year multiplied by the annual rate of inflation for the preceding year, as determined by the state treasurer, shall be retained in the State School Fund and added to the principal. The State School Fund shall be guaranteed by the state against loss or diversion. (3) There is established a Uniform School Fund which shall consist of revenue from the following sources: (a) interest from the State School Fund remaining after deduction of the amount retained in the State School Fund to protect the fund against tosses due to inflation; (b) revenues appropriated by the Legislature; and (c) other revenues received by the fund under any other provision of law or by donation. (4) The Uniform School Fund shall be maintained and used for the support of the state's public elementary and secondary schools) education system as defined in Article X. Section of thu cuiuiituupn. and apportioned u the Uculmurc jhalLanmdg, Section 2. It is proposed to amend Article XIII, Section 12, Utah Constitution, to read: Article XIII, Section 12. (Stamp, Income, occupation, license or franchise tax permissible per-missible Reference to United) States laws in imposition of income taxes Income or intangible property taxes allocated to public education system and higher education system. sys-tem. ( 1 ) Nothing in this Constitution shall be construed to prevent the Legislature from providing provid-ing a stamp tax, or a tax based on income, occupation, licenses, franchises, or other tax provided pro-vided by law. The Legislature may provide for deductions, exemptions, or offsets on any tax based upon income, occupation, licenses, franchises, or other tax as provided by law pursuant to this section. (2) Notwithstanding any provision of this Constitution, the Legislature, in any law imposing impos-ing income taxes, may define the amount on, in respect to, or by which the taxes are imposed or measured, by reference to any provision of the laws of the United Stales as the same may be or become effective at any time or from time to time and may prescribe exemptions or modifications modifica-tions to any such provision. (3) All revenue received from taxes on income or from taxes on intangible property shall be allocated to the support of the public school 1 education system and the higher education system as defined in Article X, (Sec. Section 2 of this Constitution. Section 3. Submittal to electors. The lieutenant governor is directed to submit this proposed amendment to the electors of the state of Utah at the next general election in the manna provided by law. Section 4. Effective date. If approved by the electors of the state, the amendment proposed by this joint resolution shall take effect on November 5, 1996. RESOLUTION ON DONATIONS TO THE STATE SCHOOL FUND 19 GENERAL SESSION STATE OF UTAH Sponsor Melvin R. Brown A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTrrunON; TO ALLOW FOR BEQUESTS AND DONATIONS TO BE MADE TO THE STATE SCHOOL FUND; AND PROVIDING AN EFFECTIVE DATE. This resolution proposes to change the Utah Constitution as follows: AMENDS: ARTICLE X, SECTION 5 Be it resolved by the Legislature of the state of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof: Section I . It is proposed to amend Article X, Section 5, Utah Constitution, to read: Article X, Section 5. State School Fund and Uniform School Fund Establishment and use.) (1) There is established i permanent Stale School Fund which shall consist of revenue from the following sources: (a) proceeds from the tales of all lands granted by the United Slates to this state for the support of the public elementary and secondary schools: (b) 5 of the net proceeds from the sales of United States public lands lying within this state; (c) all revenues derived from nonrenewable resources on state lands, other than sover eign lands and lands granted for other specific purposes; (d) all revenues derived from the use of school trust lands; and e) other) revenues appropriated by the Ugnlature-Lafld. iO other revenues and amem received bv the fund under anv other provision of law Of fa-Y. bequest or donation. (2) The Stale School Fund principal shall be safely invested and held by the state in perpetuity. perpetu-ity. Only the interest received from investment of the State School Fund may be expended for the support of the public elementary and secondary schools. The Legislature may make appropriations appro-priations from school trust land revenues to provide funding necessary for the proper administration adminis-tration and management of those lands consistent with the stale's fiduciary responsibilities towards the beneficiaries of the school land trust. Unexpended balances remaining from the appropriation at the end of each fiscal year shall be deposited in the State School Fund. A portion of the interest earnings of the State School Fund, in an amount equal to the total balance in the State School Fund at the close of each calendar year multiplied by the annual rate of inflation for the preceding year, as determined by the state treasurer, shall be retained in the State School Fund and added to the principal. The State School Fund shall be guaranteed by the stale against loss or diversion. (3) There is established a Uniform School Fund which shall consist of revenue from the following fol-lowing sources: (a) interest from the Slate School Fund remaining after deduction of the amount re tamed in the Slate School Fund to protect the fund against losses due to inflation: (b) revenues appropriated by the Legislature: and (c) other revenues received by the fund under any other provision of law or by dona tion. (4) The Uniform School Fund shall be maintained and used for the support of the state's public elementary and secondary schools and apportioned as the Legislature shall provide. Section 2. Submittal to electors. The lieutenant governor is directed to submit this proposed amendment to the electors of the state of Utah at the next general election in the manner provided bv law. Section 3. Effective date. If approved bv the electors of the state, the amendment proposed bv this joint resolution shall take effect on January 1. 1997. RESOLUTION AMENDING THE REVENUE AND TAXATION ARTICLE 1996 GENERAL SESSION STATE OF UTAH Sponsor: Alton B. Bradshaw A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTITUTION; AMENDING AND REPEALING CERTAIN PROVISIONS OF THE REVENUE REV-ENUE AND TAXATION ARTICLE: AND PROVIDING AN EFFECTIVE DATE. This resolution proposes to change the Utah Constitution as follows: AMENDS: ARTICLE XIII, SECTION 1 ARTICLE XIII, SECTION 2 ARTICLE XIII, SECTION 9 REPEALS: ARTICLE Xin, SECTION 4 Be it resolved by the Legislature of the state of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof: Section I. It is proposed to amend Article XIII. Section I, Utah Constitution, to read: Article XIII, Section 1. (Fiscal year. The Legislature shall establish the fiscal year shall begin on the first day of January, unless changed by the Legislature of the state. Section 2. It is proposed to amend Article XIII, Section 2, Utah Constitution, to read: Article XIII, Section 2. Tangible property to be taxed Value ascertained Exemptions Ex-emptions Remittance or abatement of taxes of poor Intangible property Legislature Legisla-ture to provide annual tax for state. (1) All tangible property in the state, not exempt under the laws of the United States, or under this Constitution, shall be taxed at a uniform and equal rate in proportion to its value, to be ascertained as provided by law. (2) The following are property tax exemptions: (a) the property of the state, school districts, and public libraries: (b) the property of counties, cities, towns, special districts, and all other political subdivisions subdivi-sions of the state, except that to the extent and in the manner provided by the Legislature the property of a county, city, town, special district, or other political subdivision of the state located lo-cated outside of its geographic boundaries as defined by law may be subject to the ad valorem property tax; (c) properly owned by a nonprofit entity which is used exclusively for religious, charitable, chari-table, or educational purposes; (d) places of burial not held or used for private or corporate benefit; and (e) farm equipment and farm machinery as defined by statute. This exemption shall be implemented over a period of time as provided by statute. (3) Tangible personal property present in Utah on January 1 , m.. which is held for sale or processing and which is shipped to final destination outside this state within twelve 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 or otherwise originating within or without the slate. (4) Tangible personal property present in Utah on January I, mr; held for sale in the ordinary course of business and which constitutes the inventory of any retailer, or wholesaler or manufacturer or farmer, or livestock raiser may be deemed for purposes of ad valorem property taxation to be exempted. (5) Water rights, ditches, canals, reservoirs, power plants, pumping plants, transmission lines, pipes and flumes owned and used by individuals or corporations for irrigating land within the state owned by such individuals or corporations, or the individual members thereof, shall be exempted from taxation to the extent that they shall be owned and used for such purposes. (6) Power plants, power transmission lines and other property used for generating and delivering electrical power, a portion of which is used for furnishing power for pumping water for imgauon 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 ben-efit of the users of water so pumped under such regulations as the Legislature may prescribe. (7) The taxes of the poor may be remitted or abated at such limes and in such manner as may be provided by law. (8) The Legislature may provide by law for the exemption from taxation: of not to exceed 45 of the fair market value of residential property as defined by law; and all household furnishings, fur-nishings, furniture, and equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and family. (9) Property owned by disabled persons who served in any war in the military service of the United States or of the state of Utah and by the unmarried widows and minor orphans of such disabled persons 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 may provide. ( 10) Intangible property may be exempted from taxation as property or it may be taxed as property in such manner and to such extent as the Legislature may provide, but if taxed as properly the income therefrom shall not also be taxed. Provided that if intangible property is taxed as property the rate thereof shall not exceed five mills on each dollar of valuation. ( 1 1 ) The Legislature shall provide by law for an annual tax sufficient, 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 shall provide for levying a tax annually, sufficient to pay the annual interest and to pay the principal of such debt, within twenty years from the final passage of the law creating the debt. Section 3. It Is proposed to repeal Article XIII, Section 4, Utah Constitution, to read: Article XIII, Section 4. (Mines and dalms to be assessed Basil and multiple What to be assessed as tangible property. (All metalliferous mines or mining claims, both placer and reek In place, shall be assessed cms mines or mining c e Legislature shall provrdc: but the basis and multiple n n purposes and the additional a used in determining tl value of $5.00 per a try 1. 1935, nor thereafter gntil otherwise provided by runnings containing coal or hydiaearbonj a i machinery t J deposits, including I improvements upon or appurtenant ti vmttnmg'a ir mining claims, a T property e t w mining claims, or mining property t t tangible property. n mining; purposes, i II be assessed as Section 4. It is proposed to amend Article XIII, Section 9. Utah Constitution, to read: Article XIII, Section 9. (Slate expenditure to be kept within revenues.) No appropriation shall be made(, or any expenditure authorized by the Legislature!, whereby if the expenditure of the State, during anv fiscal year, shall exceed the total tax then provided for by lawl.l and applicable for Km hi the particular appropriation or expenditure, unless ihe Lftyiriamm makiny kuchl ihr annronriatinnl.i shall provide for levying a sufficient laxf. not exiling ihf If F f 'Iff1""1 '" "linn even of ihis article. 1 in pav fauchl ihe appropriation appro-priation or einendiiure with.n (suchl ihe current fiscal year. This provision shall not apply to appropriation or einendiiurex in iiinnreM immmegUonjt. defend the State, or assist in defend ing the United States in time of war. Sections. Submittal to electors. The lieutenant governor is directed to srttnit this proposed amendment to the electors of the state of Utah at the next general election .n the manner provided by law. Section 6. Effective dale If approved by the electors of the state, ihe amendmeni proposed by this joint resolution shall take effect on January 1. 1997. RESOLUTION ON STATE'S AUTHORITY TO GUARANTEE THE DEBT OF SCHOOL DISTRICTS 1996 GENERAL SESSION STATE OF UTAH Sponsor: Lyle W. Hillyard Leonard M. Blackham Wilford R. Black Jr Howard A. Stephenson David H. Steele Charles H. Stewart Craig A. Peterson George Mantes Craig L. Taylor Mike Dmitrich Scott N. Howell Brent C. Richards L. Alma Mansell David L. Watson John P. Holmgren LeRay McAllister Joseph L. Hull Blaze D. Wharton Millie M. Peterson Eddie P. Mayne Robert C. Steiner Nathan C. Tanner A JOINT RESOLUTION OF THE LEGISLATURE PROPOSING TO AMEND THE UTAH CONSTITUTION; PERMITTING THE STATE TO GUARANTEE THE DEBT OF SCHOOL DISTRICTS; PERMITTING THE LEGISLATURE TO PROVIDE FOR REIMBURSEMENT REIM-BURSEMENT BY PARTICIPATING SCHOOL DISTRICTS; REMOVING LIMITATIONS ON PUBLIC DEBT AND LENDING PUBLIC CREDIT FOR THIS PURPOSE; AND PROVIDING PRO-VIDING AN EFFECTIVE DATE. This resolution proposes to change the Utah Constitution as follows: AMENDS: ARTICLE VI, SECTION 29 ARTICLE X, SECTION 5 ARTICLE XIII, SECTION 5 ARTICLE XIV, SECTION I ARTICLE XIV, SECTION 6 Be it resolved by the Legislature of the state of Utah, two-thirds of all members elected to each of the two houses voting in favor thereof : Section I. It is proposed to amend Article VI, Section 29. Utah Constitution, to read: Article VI, Section 29. (Lending public credit forbidden Exception.) The Legislature shall not authorize the State, or any county, city. town, township, district or other political subdivision of the State to lend its credit or subscribe to stock or bonds in aid of any railroad, telegraph or other private individual or corporate enterprise or undertaking. except as provided in Article X. Section 5. Section 2. It is proposed to amend Article X, Section 5, Utah Constitution, to read: Article X, Section 5. State School Fund and Uniform School Fund Establishment and use Debt guaranty. ( 1 ) There is established a permanent State School Fund which shall consist of revenue from the following sources: (a) proceeds from the sales of all lands granted by the United Slates to this slate for the support of the public elementary and secondary schools; (b) 5 of the net proceeds from the sales of Untied Slates public lands lying within this state: (c) ail revenues derived from nonrenewable resources on state lands, other than sovereign lands and lands granted for other specific purposes; (d) all revenues derived from the use of school trust lands; and (e other revenues appropriated by the Legislature. (2) The State School Fund principal shall be safely invested and held by the state in perpetuity. perpetu-ity. Only the interest received from investment of the State School Fund may be expended for the support of the public elementary and secondary schools. The Legislature may make appropriations appro-priations from school trust land revenues to provide funding necessary for the proper administration adminis-tration and management of those lands consistent with the state's fiduciary responsibilities towards the beneficiaries of the school land trust. Unexpended balances remaining from the appropriation at the end of each fiscal year shall be deposited in the State School Fund. A portion of the interest earnings of the State School Fund, in an amount equal to the total balance in the State School Fund at the close of each calendar year multiplied by the annual rate of inflation for the preceding year, as determined by the slate treasurer, shall be retained in the State School Fund and added to the principal. The Slate School Fund shall be guaranteed by the state against loss or diversion. (3) There is established a Uniform School Fund which shall consist of revenue from the following fol-lowing sources; (a) interest from the State School Fund remaining after deduction of the amount retained in the State School Fund lo protect the fund against losses due to inflation; (b) revenues appropriated by the Legislature; and (c) other revenues received by the fund under any other provision of law or by donation. (4) The Uniform School Fund shall be maintained and used for the support of the state's public elementary and secondary schools and apportioned as the Legislature shall provide. (5) (a) The state mav guarantee the debt of school districts creamd jp accordance with Article XIV. Section 3. and mav guarantee debt incurred to refund the school district A-hL Any debt guaranty, the school district debt guaranteed thereby, or anv homiwine of the slate undertaken to facilitate the payment of the stale's ohlieation under anv debt puaramv shall not be included as a debt of the amie far purpose of ihe 1 5 limitation of Article X1V Section I (b) The Legislature may provide that reimbursement to the slate shall be obtained from monies which otherwise would be used for the support of the educational programs of the school district which incurred the debt with respect to which a payment under the state's guar: amy was made. Section 3. It is proposed to amend Article XIII, Section 5, Utah Constitution, to read: y Article XIII, Section 1 (Local authorities to levy local taxes Sharing tax and revenues by political subdivisions Debt Guaranty. The Legislature shall not impose taxes for the purpose of any county, city, town or other municipal corporation, but may, by law, vest in the corporate authorities thereof, respectively, the power to assess and collect taxes for all purposes of such corporation. Notwithstanding anything to the contrary contained in this Constitution, political subdivisions may share their tax and other revenues with other political subdivisions as provided by statute and the state may guarantee the debt of school districts and may guarantee debt incurred to refund the school district debt as provided in Article X, Section 5. Section 4. It is proposed to amend Article XIV, Section 1, Utah Constitution, to read: Article XIV, Section 1. (Fixing the limit of the state indebtedness Exceptions To meet casual deficits or failures in revenue, and for necessary expenditures for public purposes, including the erection of public buildings, and for the payment of all Territorial indebtedness in-debtedness assumed by the State, the State may contract debts, not exceeding in the aggregate at any one time, an amount equal to one and one-half per centum of the value of the taxable property of the Slate, as shown by the last assessment for Slate purposes, previous to the incurring incur-ring of such indebtedness. But Ihe Slate shall never contract any indebtedness, except as pro- viueu m ime ncxi) wncie niv; aeewon provioeq t, in excess ot such amount. arising from tot were obtained. i aBtnonted; shall be applied solely monies : purposes- for which tlity Section 5. It is proposed to amend Article XIV, Section 6, Utah Constitution, to read: Article Xrv. Section 6. State not to assume county, city, town or school district debts Exception.) The State shall not assume the debt, or any part thereof, of any county, city, town or school ' district except as provided in Article X, Section 5. " Section 6. Submittal to electors. The lieutenant governor is directed to submit this proposed amendment to the electors of the state of Utah at the next general election in the manner provided by law. |