Show a d. d r- r H H. H J. J R. R No 7 r. r By Hopkins Gunther 7 Welch and Sheffield A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO PRO- POSING TO AMEND ARTICLE ARi ARTICLE AR AR- i XIII SECTION 2 OF k I THE CONSTITUTION OF THE STATE OF UTAH RELATING RE- RE LATING T TO O 0 TANGIBLE a. a PROPERTIES EX EXEMPT E M P T PROM FROM TAXATION Be it resolved by bU the Legislature Legislature Legisla Legisla- ture lure of the State of Utah two-thirds two of all members elected to each of the two houses voting in f favor a v o 0 r thereof Section 1 1 It Is proposed to amend Article XIII Section 2 of of t the Constitution o o of the e State y 01 or of utan Utah to read as follows Section 2 2 All tangible property property property prop prop- erty in the state not exempt under the laws of the United States or under this constitution lion tion shall be taxed in proportion lion tion to its value to be ascertained ascertained ascer ascer- 1 as provided by law The property of the state counties i 1 I cities towns school districts municipal corporation a and n c d public libraries lots with the buildings thereon used exclusively exclusively exclusively for either religious worship worship worship wor wor- ship or charitable purposes and places of burial not held heldor or used for private or corporate corporate corporate corpor corpor- ate benefit shall shan be exempt from taxation Water rights ditches c can canals a n a l Is s reservoirs p power pumping plants transmission lines pipes am and flumes owned and used by in individuals individuals individuals in- in or corD corporations orations for irrigating land within the state owned by such individuals o or corporations or the individual members m thereof shall shan not be taxed as long as they shall shan be owned and used exclusively for such purposes Power plants power transmission transmission transmission sion lines and other property used for generating and delivering delivering de de- de- de livering electrical power a portion of which is used fo for furnishing power for tor pump pumping g water for Irrigation purposes on lands in the State of Utah may be exempted from taxation taxation taxa- taxa tion ion to the extent that such is used for such pur- pur poses oses These exemptions shall accrue to the benefit of the users of water so pumped under such regulations as the legislature may prescribe The taxes axes of the indigent poor ma mabe may maybe be je remitted or abated at sue such times imes and in such manner as may be provided by law The legislature may provide for the exemption from taxation of homes lomes homesteads and personal personal personal per per- property properly not riot to exceed 2000 in value for homes and homesteads and all household furnishings furniture and a n d equipment used exclusively by bythe bythe bythe the owner thereof at his place of f abode in n maintaining a nome home lor for himself and family Property not to exceed in value owned by disabled persons persons who served in any war warin warin warin in the military service of the United States or of the State of Utah and by the unmarried widows and minor orphans of such persons may be exempted as the legislature may provide The legislature shall provide by law for an annual tax sufficient sufficient sufficient suf suf- with other sources of revenue to defray the est estimated estimated esti esti- i- i mated ordinary expenses of ot the state for each fiscal year For the purpose of paying the state debt if any there be the legislature shall than provide for levying a tax annually sufficient sufficient to pay the annual interest interest interest inter inter- est and to pay the principal of such debt within twenty years from the final passage of the law creating the debt Section 2 2 The secretary of state is dire directed ted to submit this proposed amendment to the electors of the State of Utah at the next general election in inthe inthe inthe the manner provided by l law w Section 3 3 If adopted by the electors of this state this state this amendment shall take effect the first day of January 1959 |