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Show mm Proposed Constitutional Amend- l ment No. 3. j SENATE CONCURRENT RESOLUTION j NO 6. A concurrent resolution providing an amendment to Section l. Article xiv ! of ihe Constitution of the State of j Utah, relating to State debt limitation. fl Uc it enacted by the Lcgisliture of th- j State of T t.ih. two thirds of all the mem 1 bers elected to each of the two Hou 1 1 f concurring therein Section 1. That it is proposed to amend U Section 1. Article 14 of the constitution BBJ of the State of Utah, so that the same H 1 will read as follows- fl 81 1 tlon 1. To meet casual deficits or j failures in revenue, and for necessary ex- L pendltures for public purposes, includinc hBBfl I the erection of public buildings and for I 1 the payment of :,n territorial indebtedness assumed by the State, tho State maj' con BH tract debts not exceeding in the aggre. gate at nny one time, an amount eqnal to 2 pereentum of the value of the taxable I property of the Stjite, as shown by BB the last assessment for State purposes HHJ lirevious to the Incurring c.f such indehi edness But the State shall never con- BHfl tract any Indebtedness except fn tho I next section provided, in excess ot such amount, and all moneys arlolnfl 9 ir. iri loans herein authorized, shall be are I to the purposes for which they were obtained. The Secretary of State Is hereby BBj directed to suliml; this proposed amend- B ment to the electors of the State at thu next general election In the manner pro 1 vlded b law. H 8ei If adopted by the electors ot H the Stite. this anicridm"iit .'ball take ef- H feet January 1, 1921. BBfl Approved March 18 1019. Bfl |