Show CONSTITUTIONAL AMENDMENT No 1 I I A JOINT RESOLUTION PROPOSING PRO PRO- POSING TO AMEND ARTICLE ARTI ARTI- CLE XIII SECTION 2 OF TH CONSTITUTION O 0 OF F THE STATE OF UTAH RELATING TO TANGIBLE PROPERTIES EXEMPT FROM TAXATION Be De it resolved by the Legislature Legislature Legisla Legisla- ture of the State of Utah two two thirds thirds of all members elected to each of the 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 2 All tangible property property prop prop- erty in the state not exempt under the laws of the United States or under this constitution constitution constitution tion shall shall be taxed in proportion proportion proportion tion to its value to be ascertained ascertained ascertained ascer ascer- as provided by law The property of the state counties cities towns school districts municipal corporations and public public public pub pub- lic libra libra- libraries es lots with the buildings buildings build build- ings thereon used exclusively for either religious worship or charitable purposes and places of burial not held or used for private or c corporate benefit shall be exempt from taxation Water rights ditches canals reservoirs power plants pumping pumping pump pump- ing plants transmission lines pipes and flumes owned and used by individuals or corporations corporations corporations corpora corpora- for irrigating lands within the state owned by such individuals individuals individuals or corporations or the in individual individual individual in- in members thereof shall not be separately taxed as ionas lon ion lonas long longas as they ther shall be owned and use used exclusively for such purposes Power plants power transmission transmission transmission sion lines and other property used for generating and delivering ering lag electrical power a portion of which is used for furnishing power ver pumping water for irrigation irrigation irrigation gation 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 shaU accrue to the benefit of f 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 asmar may mar be provided by law The legislature may provide for the exemption from taxation of homes homesteads and person person- al property not to eXO ed 2000 in va value ue for homes and homesteads and all household- household furnishings furniture a and n d equipment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and family Property Proper Proper- ty not to exceed in value owned by disabled persons who served in any war in the military military military mili mili- tary service of the United States or of the State of Utah and by the unmarried widows and minor orphans of such disabled disabled dis- dis j persons or of persons who 1 while serving in the military service of the United States or orthe orthe 11 the State of Utah were killed in action or died as as' a result of 1 1 such service may be exempted 4 t as the legislature may provide I The legislature shall provide by law for a annual tax sufficient sufficIent sufficient with other sources of revenue revenue revenue rev rev- to defray the estimated 1 i ordinary expenses of the state M for each fiscal i year For the purpose of paying the state t debt if any there be the legislature legislature legis- legis lature shall provide for levying j ja a tax annually sufficient to pay the annual interest and to pay I the principal of such debt within with- with I in twenty years from the final passage of the law creating the debt j Section 2 The secretary of state is directed to submit this proposed amendment to the I electors of the State of Utah I in in the next general election in inthe tl the manner provided by law Section 3 If adopted by the i I electors of this state this I amendment shall take effect the t first day of January 1963 5 5 I LAMONT F. F TORONTO I Secretary of State of the State I of Utah DO HEREBY CERTIFY CERTIFY i that the foregoing is a full true and correct copy of J the constitutional amendment proposed by the regular session of the Thirty-Fourth Thirty Legislature Legislature Legislature Legisla- Legisla 1 I ture 1961 as appears of record f f. f I in my office i IN WITNESS WHEREOF I I have hereunto set my hand and affixed the Great Seal of the I State of Utah at Salt Lake i City this da day of August i i 4 1962 1 I LAMONT F. F TORONTO i Secretary of State 1 SEAL i I |