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Show CONSTITUTIONAL AMENDMENT . NO. 2 Proposing to Amend Sections 2 and 3, Article XIII, of the Constitution Constitu-tion of Utah Relating to Property Subject to Taxation and Rates of Tax A resolution proposing amendment to Sections 2 and 3, 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 al! the members elected to each house concurring therein : Section 1. That it is proposed to amend Sections 2 and 3, 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 mon-1 ys 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 wtt property, if any, shall not lie object to taxation. Taxes shall be niform upon all property of the same class and shall be levied and collected collect-ed for public purposes only. Taxes may tx Imposed upon any and all property, including privileges, franchises fran-chises aid licenses to do business in the state, but this shall not he so construed con-strued aa to authorize the taxation of the stocks of any company or corporate corpora-te when the property of such company com-pany or corporation represented by such stocks has been taxed. The legislator leg-islator is empowered to impose tax-as tax-as upon incomes, which taxes may lie graduated and progressive and reasonable reason-able exemptions may be provided, and a credit may be allowed on income taxes tax-es for property taxes paid within the year; provided, that nothing in 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, (owns, 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 places of burial not held or used for private or 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 individual or corporations 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 exclusively ex-clusively for such purpose; a deduction deduc-tion of debits from credits may be authorized and taxes of the indigent poor may be remitted xr 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 to the electors of the state at the next general election in the manner provided pro-vided by law. See. If approved by the electors of the state this proposed amendment shall take effect on the first day of January, 1023. Approved March 17, 1921. |