Show proposed constitutional amendment 77 no 3 SENATE concurrent CONc resolution jaff 10 6 vy A concurrent resolution providing R n amendment to section 1 article XI V of the constitution W of the tia state of utah relating to state debt dimita limita ff tion it wv enacted by the avjian legislature of t the ws state of f utah two thirds of HW all the members mf elected to each of the 23 two houses concurring a therein fc section a 1 that it 9 is proposed wewt wi to Wt 7 amend section I 1 article 14 of the con 9 MW ution of the state sif of utah so that 9 the same irv will read as follows section I 1 Z to meet casual deficits tw tava or failures va in revenue and for feces nary expenditures for public yf pu pos es including 4 the 7 erection of bwy public aya build fy ings and for the payment of all terri indebtedness assumed a by the state the wj state sc may of contract debts mf not exceeding 9 in the ag regate at any one time afas an ff amount y y faw equal to 2 per s a sia af of afaf the value of the taxable ff property of the state fW as tV shown by af the 2 last akef assessment for 1 state purposes 5 previous at affa to the incurring WK iw of such S in debt edness 9 but the state shall never 9 contract any indebtedness w except am W in the fj next a section tf provided in ex coax of such amount afaf and all moneys arising from loans herein authorized shall be applied solely to the purposes for which they were afy obtained see aff 2 the jc secretary of state to hereby v directed to submit this aff pro posed amendment 71 to the 9 electors of the state at the next general election in the manner provided r by fv law i see 3 it adopted fi uffa by the electors of the state this amendment shall take effect january 1 1921 kf af approved march bwy 18 1919 |