OCR Text |
Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend 8eotlons 2 and 3, Article XIII, of the Constitution Constitu-tion of Utah Relating to Property 8ubjeot to Taxation and Rates of Tax A resolution proposing amendment to Sections 2 and 8, Article 13, of the Constitution of the State of Utah relating re-lating to property subject to taxation and rates of tax. Be it resolved by the Legislature of the State of Utah, two-thirds of all the members elected to each house concurring therein : Section 1. That It ia proposed to amend Sections 2 and 3, of Article 13 of the Constitution ot the State of Utah, so that such sections will read as follows : Sec. 2- To the end that the burden of taxation may be equitable upon all property, the legislature is empowered to divide all property including moneys mon-eys and credits as well as physical property, into classes and to determine deter-mine what class or classes of property proper-ty shall be survjeet to taxation and what property, if any, shall not be subject to taxation. Taxes shall be uniform upon all property of the same class and shall be levied, and collect, ed for public purposes only. Taxes may be imposed upon any and all property, including privileges, franchises fran-chises and licenses to do business in the state, but this sball not be so construed con-strued as to authorize the taxation of the stocks of any company or corporation corpora-tion when the property of such company com-pany or corp ii irton represented by such stocks ha hen taxed. The legislature leg-islature is emjiowerod to Impose taxes tax-es upon im-omes, which taxes may be graduated and progressive and reasonable reason-able exemptions may be provided, an4 a credit may be allowed on Income taxes tax-es for property taxes paid wltbln tha year; provided, that nothing in thi section shall permit classification t mines or mining claims. Sec. 3. The property of the United Unit-ed States, of the state, counties, cities), towns, school districts, municipal corporations cor-porations and public libraries, lots with the buildings thereon used exclusively ex-clusively for higher religious worship or charitable purposes and Dlacaa of burial not held or used for private or corporate benefit, and mortgages upon both real and personal property shall , be exempt from taxation. Ditchea, , canals, resorvoirs, pipes, and flame i owned and used by individuals or porations for irrigating lands owned by such individuals or corporations, or the individual members thereof, shall not be separately taxed so leog as they shall be owned and used exclusively ex-clusively for such purpose; a deduction deduc-tion of debits from credit may b authorized and taxes of the indigent poor may be remitted or abated at such time and in such manner as amy be provided by law. Sec. 2. The secretary of state hi directed to cause this proposed amendment amend-ment to be published as required fcy the constitution and to be submitted to the electors of the state at the next general election la the manner provided pro-vided by law. Sec. 3. If approved by the electors of the state this proposed amendment shall take effect on the first day of January, 1923. Approved March 17, 1921. |