Show ff H. H J J. J R. R No 7 By Hopkins S A f Gunther Welch and Sheffield i A JOINT RESOLUTION PROc PROPOSING PRO PRO- c POSING TO AMEND ARTICLE ARTICLE AR- AR 3 XIII SECTION 2 OF 8 THE CONSTITUTION OF i THE STATE OF UTAH RELATING RELATING RE- RE LATING EATING TO TANGIBLE r PROPERTIES EXEMPT 1 FROM TAXATION Be it resolved by the Leg Legislature Legisla Legisla- fx ture of the State of Utah I two-thirds two o of all members s elected to each o of f the two S i houses voting in f favor a v 0 r thereof r i 4 Section 1 It is proposed to t amend Article XIII Section 2 i of the Constitution of the State StateS i S of Utah to read as follows KA KAl l Section 2 All AU tangible property property prop prop- t erty in the state not exempt under the laws of the United States or under this constitution constitution tion shall shaU be taxed in proportion prop proportion orti or- or ti tion n to its value to be ascertained ascer ascer- tamed as provided by law The Thet t property of the state counties cities towns school districts municipal corporation a and n d public libraries lots with the 1 buildings thereon used exclusively exclusively exclusively for either religious worship worship worship wor wor- ship or charitable purposes and places of burial not held heldor or used for private or corporate corporate corporate corpor corpor- ate benefit shall be exempt from taxation Water rights ditches c can canals a n a 1 s s. s reservoirs power plants pumping plants transmission lines pipes and and ana flumes owned and used by individuals in individuals individuals in- in or corporations for irrigating land within the state owned by such individuals or orr r corporations or the individual members thereof shall not be separately taxed as long as they shall be owned and used ex exclusively for such purposes Power plants power transmission transmission sion won lines and other property used for generating an and deS de delivering de- de livering electrical power a S portion of which is used for furnishing power for lor pumping water for irrigation purposes on lands in the State of Utah may be exempted from taxation taxation taxation taxa taxa- tion to the extent that such is used for such pur 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 ma mabe may maybe maybe be remitted or abated at suc 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 personal personal per per- property properly not to exceed 2000 in value for homes and homesteads and all household furnishings f furniture a and n d equipment use used exclusively by bythe bythe bythe the owner thereof at his place of abode in maintaining ahome a ahome ahome home for himself and family Property not to exceed in value owned by br disabled persons who served l m any warin war warin warin in the military service of the United States or of the State of Utah and by the unmarried widows and minor orphans of such persons may be exempted as the legislature may provide The legislature shall provide by bylaw law for foran an annual tax sufficient sufficient sufficient suf suf- with other sources of revenue to defray the estimated estimated estimated esti esti- esti- esti mated ordinary expenses expenses of the state for each fiscal year ear For the purpose of paying the state debt debt- if any there be the legislature shall thaIl provide for levying a tax annually sufficient sufficient sufficient to pay the annual interest interest interest inter inter- est and to pay the principal of such debt within twenty years from the final passage of the law creating the debt Section 2 The secretary of state is directed to submit this proposed amendment to the electors of the State of Utah at the next general election m inthe inthe in inthe 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 |