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Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend 8eotlona 2 and J, Artlole XIII, of the Constitution Constitu-tion of Utah Relating to Property 8ubJeot to Taxation and Ratea 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 of the State of Utah, so that such sections will read aa follows : Sec. 2. To the end that the burden of taxation may be equitable upon all property, the legislature la 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 con. etrued as to authorize the taxation of the stocks of any company or corporation corpora-tion when the property of auch 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, and a credit may be allowed on Income tax-s tax-s for property taxes paid within the year ; provided, that nothing in thia section shall permit classification at mines or mining claims. ; Sec. 8. The property of the Unit. ed States, of the state, counties, cities, , towns, school dlstricta, municipal corporations cor-porations and pablic libraries, lota with the buildings thereon used exclusively ex-clusively for higher religious worship or charitable purposes and places of burial not held or used for private ar corporate benefit, and mortgages upon both real and personal property shall he exempt from taxation. Ditches, canals, reservoirs, pipes, and flumes owned and used by individuals or corporations cor-porations for irrigating lands owned by such individuals or corporations, or the individual members thereof, shall not be separately taxed ao long as they shall be owned and used exclusively ex-clusively for suah purpose; a deduc. tion of debits from credits may ee authorized and taxes of the lndigeat poor may be remitted or abated at such time and in such manner aa may be provided by law. Sec. 2. The secretary of state ia 1 directed to cause thia proposed aasenaV naent to be published aa required by the constitution and te fee submit! to the electors of the state at the aaxt general election ia the manner provided pro-vided by law. Sec. S. If approved by the electors of the state thia proposed amendnteat shall take effect on the first mf at January, 1923. Approved March 17, 1921. |