Show l H. H HJ J. J R R. R No 7 By Hopkins t Gunther Welch and Sheffield ld A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO PRO- POSING TO AMEND ARTICLE ARTICLE ARTICLE AR AR- XIII SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH RELATING RELATING RELATING RE RE- LATING T TO 0 TANGIBLE PROPERTIES EX EXEMPT E M P T FROM TAXATION Be it resolved by the Legislature Legislature Legisla Legisla- ture tUTe of 01 the State of 01 Utah two-thirds two of 01 all members elected t to each of 01 the two I houses voting in f 1 favor favori a v o 0 r i i thereof Section 1 It Is proposed to amend Article XIII XHI Section 2 of the Constitution of the State 1 t. t of Utah to read as follows 1 Section 2 All tangible property property prop prop- property erty in the state not exempt under the laws of the United States or under this constitution constitution v- v tion shall be taxed in proportion proportion proportion tion to its value to be ascertained ascertained ascer ascer- tamed as provided by law The property of the state counties cities towns school districts municipal corporation a and n d public libraries lots with the buildings thereon used exclusively exclusively exclusively for either religious worship worship worship wor wor- ship or charitable purposes and places of burial not held hela heldor rS 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 l Is s reservoirs power plants pumping plants transmission lines pipes and ana flumes owned and used by individuals in individuals individuals in- in or or corporations for irrigating land within the stale owned by such individuals or orf f corporations or the individual members thereof shall not be L separately taxed as long as they shall be owned and used exclusively for such purposes Power plants power transmission transmission sion Zion lines and other property used for generating and delivering deI delivering de de- I livering electrical power a portion of which is used for forr r r. furnishing power for pumping L. L t I f 1 1 2 i Ji if water for Irrigation p purposes oses 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 maybe may be remitted or abated at sue such times and in such manner as asmar may mar be provided by law The legislature may provide for the exemption from taxation of homes homesteads and personal personal personal per per- property not to exceed 2000 in value for homes and homesteads and all household furnishings f furniture and equipment used exclusively by bythe bythe bythe the owner thereof at his place of abode in maintaining a ahome ahome ahome home for himself and family Property not to exceed in value owned b by disabled persons who served In 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 Ie legislature shall provide by law for an annual tax sufficient sufficient suf suf- ent with other sources of r revenue tc to defray the estimated esti est estimated mated matea 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 sufficient dent to pay the annual Interest interest interest inter inter- est and to pay the principal r 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 in inthe inthe 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 l. j J. t 0 tj |