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Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend 8ectlons 2 and S, Article XIII, of the Constitution Constitu-tion of Utah Rotating to Property 8ubjeet to Taxation and Rates of Tax A resolution proposing amendment to Sections 2 and 3, Article 18, 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 is proposed to amend Sections 2 and S, of Article 13 of the Constitution of 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 subject 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 collected 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 shall 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 corporation represented by such stocks has been taxed. The legislature leg-islature is empowered to impose taxes tax-es upon incomes, 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 within the yeer ; provided, that nothing la this section shall permit classification of 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, lota with the buildings thereon used exclusively ex-clusively for higher religious worship or charitable purposes and places of burial not held or need for private or corporate benefit, and mortgages upoa both real and personal property (hall be exempt from taxation. Ditches, canals, reservoirs, pipes, and flumes owned and used by individuals or cor- porations for irrigating lands owned by such individuals or corporations, or the individual , members thereof, shall not be separately taxed so long as they shall be owned and used ex-cluslvely ex-cluslvely for such purpose; a doanc ' tion of debits from credits may be authorized and taxes of the indigent poor may be remitted or abated at such time and in such manner as may be provided by law. Sec. 2. The secretary of state is directed to cause this proposed amendment amend-ment to be published as required by the constitution and to be submitted: ts the electors of the state at the Bait general election in the manner provided pro-vided by law. Sec. 3. If approved by the electors of the state this proposed amendment shall take effect en the first day of January, 1963. Approved March 17, 1821. |