Show proposed constitutional 20 amendment aw tf no 3 SENATE concurrent Rn SOLUTION W w a NO 1 A concurrent arav wr resolution Av providing an amendment 7 to wf section 1 article xiv 7 a of the i constitution a of the state of utah relating to state debt limits tion fey fA cawi be it wi enacted by the a legislature of the y state of utah two a thirds of 8 all ftc the members jan elected to vach of the 7 two houses concurring therein section I 1 that it is proposed to w amend section I 1 article 14 of the con ution of a a the state of utah so w that 9 the ff same vw will read as f allows section I 1 2 to faw meet casual iky deficits or siw failures a in revenue and for feces sary expenditures 2 baui for public w pu poses including the erection wv ava A of public v build ings zv and for the payment of all W terri indebtedness 4 assumed a a by the fis state the state may alcaly contract debts A not exceeding tsofi in sy the ag regate at any one time an amount equal to 2 per of the value of the taxable a aff property of the ar state as shown by the f last assessment for state purposes previous to i bif incurring of w such in debt edness but the state 9 shall owr never contract any indebtedness except as f in the next section provided 7 in ex case of such 77 abou amou if n t and all mone Ys aff ar Is ng 7 from diw loans herein authorized auth y oried af shall be applied solely to the purposes 9 4 for which wv aa they were obtained 9 see 2 the a secretary of state in hereby wea directed 9 to v submit 4 this 11 pro posed amendment to the electors of the state at the next general election in the manner 7 provided by law wf sac 3 if adopted by the electors of the state this adf amendment shall take effect january 1 1921 y approved march ayas 18 1919 |