Show cinq nta NO 2 proposing Pro osing ie to argend 2 and nd 3 si article XII XIII of 0 mit the von tf 0 utah I 1 fi elating to property Sub subject jeci to taxation and aratea rat of ftak tax A resolution proposing amendment amendment tn to Sett sections ions 2 ani 3 article 13 ot of the Crne ol 01 the state ot at utah rit relating to property object subject to taxation and nd rate rates of ta tax be it by the 0 ot the state ot of utah two thirds ot of ap the elected to tach boulb therein ethon I 1 that it to proposed to 6 amend eglone sections et lone 2 aud and 1 I of article ia of the constitution of the state of utah go that such sections 1 will read reao as follows sw see 2 to the end that the burden of taxation may be upon all arty the leti lature I 1 is to ill id all pro erty including mori mod ays and credits as veil well as physical PhYllic ill prope prop eIty ty into classes and to determine what claes class or classes ot of prope proper dt t tl iball shall be subject to ta taxation tation and what pro property peTtY it any shall not be object subject to taxation TRIM hall shall lie lini tonn torm upon all property of the eane class and shall all all ba be levied tin and 4 colle ed tor for kylill purposes only taxed taxes may 1 be te pui upon any and all pi property roper tr luel including p riAle gOIC tran th chases aises and alren sea to do t eln cea in tha thel state but thie big clist not ko so 0 o con trued aa ail to authorize the taxation ol 01 the stocks of 0 any coin company pany or corpora tion when the property of 0 such cum earn pany or corporation co relented by inch each stocks haa has been taxed ibe leg ti lature ie is empowered to impose tax u upon incomes inee which taxes may b graduated and asive and reason ail nay y be b provided and crout it ed t it in th I 1 it 9 mia ec t y Is i ian or aft s a the of bt ichii th bialt id 64 states ot of the state cgue own cool munich 61 4 cof w o 0 10 ti with the buildIng st d 0 exa ibi charitable purpose nail and plaes 91 1 kuktal not hla pt usco 4 toi for prin ato olt 04 aal mortgages bath real ada personae pers a A be 9 c exempt tempt from taxation staale TOn VIM and dyk hed wad aed used by U 11 bolt tor for land lands vaud by y anch ot corpora or r t the h individual taeiA ert shall b bot jo taxed uund do lui U u th thet bal IQ coned and lano autv 1 OX clash sly tor for JUA such X a aw alt tion it f dikit tran 1911 bredt q fifty ay IM uth a razed and taxes of at the adt cn poor r may y be oe remitted or chatel at a a 0 13 sec see 2 the aar detary of state 4 directed to range this went ment to be a roqui require fa till by the and to I 1 a Q the electors of 0 the state ante the not general eloc election klon la in the broj aided by law sec see R if it approved o 0 by the 1 of f the th state thi this proposed truen dment shall take effect on tha trio tirel day ay ot amus january M I 1 1 approved Blar cli 17 1921 |