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Show CONSTITUTIONAL AMENDMENT No. 1 A JOINT RESOLUTION PROPOSING TO AMEND ARTICLE XIII, SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH, RELATING TO TANGIBLE PROPERTIES EXEMPT FROM TAXATION. Be it resolved by the Legislature of the State of Utah, two -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 aa follows: Section 2. All tangible prop, erty in the state, not exempt under the laws of the United States, or under this constitution shall be taxed In proportion to its value to be ascertained as provided by law. The property of the state, counties, cities, towns, school districts, municipal corporations and public libraries, lots with the buildings thereon used exclusively for either religious worship or charitable purposes, and places of burial not held or used for private or corporate benefit, shall be exempt from taxation. Water rights, ditches, canals, reservoirs, power plants, pumping plants, transmission lines, pipes and flumes owned and used by individuals or corporations for irrigating lands within the state owned by such individuals or corporations, or the individual members thereof, shall not be separately taxed as long as they shall be owned and used exclusively for such purposes. Tower plants, power transmission lines and other, property used for generating and delivering electrical power, a portion of which, is used for furnishing power pumping water for irrigation 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 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 may be remitted or abated at 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 person al property, not to exceed $2,000 in value for homes and homesteads, and all household furnishings, furniture, and equipment used exclusively by . tho owner thereof at his place of abode in maintaining a home for himself and family. Property not to exceed $3,000 in value, owned by disabled persons who served in any war in the military service of the United States or of the State of Utah and by the unmarried widows and minor orphans of such disabled persons or of persons who while serving in the militar; service of the United States or the State of Utah were killed in action or died as a result of such service may be exempted as the legislature may provide. The legislature shall provide by law for a annual tax sufficient, with other sources of revenue, to defray the estimated ordinary expenses of the state s - 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 to pay the annual interest 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 in the next general election in the manner provided by law. Section 3. If adopted by the electors of this state, this amendment shall take effect the first day of January, 1963. I, LAMONT F. TORONTO, Secretary of State of the State of Utah, DO HEREBY CER- " TIFY that the foregoing is a full, true and correct copy of the constitutional amendment proposed by the regular session of the Thirty-Fourth Legislature, 1961, as appears of record in my office. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Great Seal of the State of Utah, at Salt Lake City, this 29th day of August, 19C2. LAMONT F. TORONTO Secictary of State (8EAL) |
