Show H. H J. J R. R No 7 By Hopkins Gunther Welch and Sheffield A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO- PRO POSING TO AMEND ARTICLE ARTICLE ARTICLE AR AR- XIII SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH RELATING RELATING RELATING RE RE- LATING T TO O 0 TANGIBLE PROPERTIES E EX EXEMPT X E M 1 P T FROM TAXATION Be it resolved by the Legislature Legisla ture of the State of Utah I two-thirds two of all members elected to each of the two houses voting in f favor a v 0 r thereof Section 1 It is proposed to amend Article XIII Section 2 of the Constitution of the State of Utah to read as follows Section 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 constitution constitution tion shall be taxed in proportion proportion proportion tion to its value to be ascertained ascertained ascer ascer- tamed as provided by law The property of the state counties cities citie towns school districts municipal corporation a and n c d public libraries lots with the buildings s thereon used exclusively exclusively exclusively for either religious worship worship wor wor- ship shin or charitable purposes and places of burial not held heldor heldor or used for private or corporate corporate corpor corpor- ate te benefit shall be exempt from taxation Water rights ditches c can canals a n a 1 s reservoirs power plants pumping plants transmission lines pipes anc and flumes owned and used by in individuals individuals individuals in- in or corporations for irrigating land within the state stale owned by such individuals or corporations or the individual members thereof shall not be separately taxed as long as they shall be owned and used exclusively for such purposes es Power plants power transmission transmission transmission sion lines and other property used for generating and arid delivering delivering delivering de de- de- de livering electrical power a portion of which is used for furnishing power for pumping I water for irrigation purposes on lands in the State of Utah may be exempted from taxation taxation taxation taxa taxa- tion to the extent that such is used for such pur pur- poses These exemptions shall accrue to the benefit of the users of water so pumped under such regulations as the legislature may prescribe The taxes of the indigent poor may maybe maybe maybe be remitted or abated at such times and in such manner as may be provided by law The legislature may provide for the exemption from taxation of ot homos homes homesteads and personal personal per per- property not to exceed 2000 in value for homes and homesteads and all household furnishings furniture a and n d equipment used exclusively by bythe bythe bythe the owner thereof at his place of abode in maintaining a ahome ahome ahome home 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 le legislature shall provide by law for an annual tax sufficient sufficient sufficient suf suf- with other sources of ot revenue to defray the estimated estimated estimated esti esti- mated ordinary expenses expenses of the state for each fiscal year For the purpose of paying the state debt if any there be he the legislature chall hall provide for levying a tax annually sufficient 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 passa passage pa e of the law creating the debt Section 2 The secretary of state is directed to submit this proposed amendment to the electors of the State Stale of Utah at the next general election in inthe inthe inthe the manner provided by law Section 3 If adopted by the electors of this state this state this amendment shall take effect the first day of January 1959 |