Show CONSTITUTIONAL AMENDMENT No 1 A JOINT RESOLUTION PROPOSING PROPOSING PROPOSING PRO PRO- POSING TO AMEND ARTICLE ARTICLE ARTICLE ARTI ARTI- CLE XIII XUI SE SECTION 2 OF THE CONSTITUTION O 0 OF F T THE H E ESTATE STATE OF UTAH RELATING TO XO AN AD VALOREM TAX EXEMPTION PROVIDING THAT TANGIBLE PERSONAL PROPERTY WHICH IS SHIPPED SHIPPED SHIPPED SHIP SHIP- PED BEYOND THE STATE OF UTAH WITHIN A PERIOD OF ONE YEAR MAY BE EXEMPTED EXEMPTED EXEMPTED EX EX- EX- EX EMPTED FRO FROM AD VALORE VALOREM VALOREM VALOR VALOR- E EM TAX TAR Be it resolved by the Legislature Legislature Legislature Legisla Legisla- ture of th the State of Utah two-thirds two of all members elected to each of the two houses voting in favor thereof there there- of 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 tion shall be taxed in proportion proportion proportion tion to its value to be ascertained ascertained ascertained ascer ascer- as provided by law The property of the state counties cities towns school districts municipal corporations and public public public pub pub- lic libraries lots with the buildings buildings buildings build build- ings thereon used exclusively for either religious worship or charitable purposes and places of burial not held or used for private or corporate benefit shall be exempt from taxation Tangible personal property present present present pre pre- pre pre- sent in Utah on January 1 m. m which is held for sale or processing processing processing pro pro- and which is shipped to final destination outside this state within 12 months may be deemed by law to have acquired BO no situs in Utah for purposes of ad valorem property taxation and may be exempted by law from such taxation whether manufactured processed or produced produced produced pro pro- or otherwise originating within or without the state Water rights ditches canals reservoirs power plants pumping pumping pumping pump pump- ing plants transmission lines pipes and flumes owned and used by individuals or corporations corporations corporations corpora corpora- for irrigating land within the state owned by web such indi- indi duals or corporations or the individual m members e em m b e r s thereof shall not be separately taxed so loo long as they shall shan b be owned and ana and u used ed exclusively for such purposes Power plants power transmission I 1 ines lines and end other property properly used for generating and delivering electrical power r a portion of which is used fox for r furnishing power for pumping g water for Irrigation purposes o on n lands in the state of Utah ma mabe mabe may maybe be exempted from taxation te UI the extent that such property properly i based is b s used ased for such purposes Then The E e exemptions shall accrue to w the Leu cut oi of the useS users u iu ui water waLer M w pumped under such as the legislature m may y prescribe The taxes of the indigent poor POOl may be remitted or abated at aL such tunes and in m such manner as may be provided by law The legislature may provide for the exemption f fro from r o m taxation o 0 of f homes homesteads and personal person person- al property not to exceed 2000 in value for homes and home home- homesteads homesteads and all household furnishings furnishings furnishings furn furn- furniture and equipment equipment equipment equip equip- ment used exclusively by the owner thereof at his place of abode in maintaining a home for himself and family Property not to exceed in value owned by disabled persons who served in any war in the military military military mili mili- tary service of the United States or of the state of Utah and by bythe bythe bythe the unmarried widows and minor minor minor min min- or orphans of such disabled persons persons persons per per- sons or of persons who while serving in the military service of the United States or the state of Utah were killed in action or died as a result of such service may be exempted as the legislature legislature legislature legis legis- lature may provide The legislature shall shaU provide by bylaw law for an annual tax sufficient sufficient suf suf- fic ent with other sources of revenue to defray the estimated ordinary expenses of the state for each fiscal year For the purpose of paying the state debt if any there be the legislature legislature legislature legis legis- lature shall provide for levying a tax annually sufficient to pay the annual interest and to pay the principal of such debt within within within with with- in twenty years from the final passage of the law creating the debt Section 3 The secretary of state is directed to submit this proposed amendment to the electors electors elec elec- tors tom of the state of Utah at the next general election in the manner provided by law Section 4 If adopted by the electors of this state t this his amendment shall shaU take effect upon January 1 1965 I LAMONT F. F TORONTO Secretary of State of the State of Utah DO HEREBY CERTIFY CERTIFY CERTIFY that the foregoing is a full true and ana correct copy of the constitutional amendment proposed by the regular session of the Thirty-Fifth Thirty Legislature 1963 as appears appear of record in my office IN WITNESS WHEREOF I have hereunto set let my hand and I affixed the Great Seal of the State of Utah at Salt Lake City this day of August I 1964 LAMONT F. F TORONTO I Secretary of State I SEAL |