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Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend Sections 2 and, S, Artlele XIII, of the Constitution Constitu-tion of Utah Relating to Property Subject to Taxation and Rates f Tax A resotutlon proposing amendment to Sections 2 and S, Article 18, of the Cftcstltutloa of the State of Utah relet re-let Ing to property subject to taxation and rates of tax. i Ite It resolved by the Legislature of tho State of Utah, two-thtrda of all ' tk; members elected to each hoaso '-occurring therein : Section L Tbat It is proposed to amend Sections 2 and S, oC Article IS of the Constitution of tho State of Utah, so that such sections will read as follows : Mac. t To the end that the burden oi iivauon may d equitauie upon all property, the legislature la empowerod I to divide ail property Including mon ! ere and credits an well as physical property, late classes and to determine deter-mine what elaaer or claases of property proper-ty abaS be subject to taxation and what property , If any, shall not be subject to taxation. Taxes shall be uniform upon all property of the same class asm shall be lerled and collect, ed for fsjhUe purposes only. Taxes may be imposed upon any and all property, tad wd lag prlrlleges. franchisee fran-chisee sad licenses to da business In the state, but this shall not be so con. etruod as to authorise the taxation of the stocks of any company or corporation corpora-tion when the property of such corn-pen corn-pen 7 or corporation represented by such stocks has boon taxed. The leg. 1 stature Is empowered to Impost taxes tax-es upon Incomes, which taxes may be graduated and progressive and reasonable reason-able exemptions may he provided, and a credit may be allowed M hH es for property taxes pttf ifl year; provided, that louMajV section shall permit elaariffgl mlne or mining claim. j Sec. S. The property &i &tfl ed States, of the etat. coudafl towns, school districts, mukffl poratlona and publlo Ifrraftfl with the buildings toeran cluslvely for higher reUftesH or charitable jiarposts ill jH burial not held or used forH' corporate benefit, and nortH both real and personal pressor be exompt from taxatioa sV canals, reserroirt, pipej, uafl owned and nsed by lDdlrttniH poratlona for Irrigating bLSsTfl by soch individuals or or tbo Individual menxMrt B shall not be separately UuslH as they shall bs owned u4sV clasiveir for such parpen; tlon of doMLs from crtdlM authorised and but of the J poor may be remitted or afH such tlmn end in inch DiESfH be provided by law. Be... 1 The locrsUry directed to cans this propose ment to be published si rssB the constitution and tobtlSsjfl the electors of the etati it m general election la ths Dtfafl vlded by law. I Sec S. If approved by tslfl nt Mm ntfttn rhti nropof ed sjbbbI shall rak effect on til MB January, 1923. I Approved March 17, ltCr J |