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Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend Sections 2 and, 1, Article XIII, of the Constitution Constitu-tion of Utah Relating to Property Subject to Taxation and Rates of Tax raeoration proposing amendment to ftsctloas 2 and 8, Article IB, of the Cttittrtion of the State of Utah relating re-lating to property subject to taxation and rate of tax. tt rssolved hy the Lglslatm- of tne State of Utah, two-thirds of al! the members elected to eseh hosso concurring therein : Section 1. That H is proposed to amend Sections 2 and 3, ot Article 13 of the Constitution of the State of Utah, so that sack section will road as follow: Max. To the end that the harden of. tnxnxioa may be equitable upon all property, the legislature is empowerod to divide aU property including mon- ey sad credit- as vtQ as physicaJ property, Into ctasnsn and to determine deter-mine what close or classes of property proper-ty stB he subject to taxation end wtisrt property, if any, shall not be suhjeet to taxation. Taxes shall be uniform npon all property of the same olM sand shall be lewtsd end collect, esj far public purposes only. Taxes may be Imposed upon any and all property, tneladmg prlrllefes. fmn-ehisen fmn-ehisen sad licensee to do business In tho state, but this shall not be so con. stroed sa to authorise the taxation of the stocks ot any company or corporation corpora-tion when the property of such company com-pany or corporation represented by such stocks has been taxed. Th leg-11 leg-11 star is empow ered to impose taxes tax-es npoa mcesnea, which taxes may be gradustod and progreaflTe end reason-ahia reason-ahia mmmOm ssay h prortoco, aad i 1 a credit may be allowed as tisffl e for property taxes paid year, provided, that noi fl aoni.-n shall permit duilflsfl mln.j or mlnlny clalma J s - - 8. The property of MM ed States, of the stats, couBthajH towns, school districts, an9H porations and public lihnjaS with the buildings thersog clusirely for higher rsUfiosjH or charitable purposes ui shB burial not held or osed for lklfl eorporate benefit, and rnortgiffl botb real and poronal propiM be exempt from taxatiao. sH canals, reservoirs, pipes, u4 mm 'v, ti.-1 and usoii by indlvLdoah km poratioos for Irrigating l ll fS by such Individuals or eorfsH or the Individual membsn ftjl shall not bo sarstsly UitlMj as they shall be owned ts4 flfl clnslvely for 8U'-h purpOHi ifl rion of doblts from credit authorized and taxes of tit tfl poor may be remitted or asafl such time and la such maaasfB be provided by law Sec 2 The secretsry of directed to causa this propcsslB ment to be published u rttjfB constlti :ion and tobeiH the electors of the ststs it 4fl general cleotico In Uie mMfl vlded by law. IS Sec. 3 ) f approved by B of Iho atate this proposed shall take effect on ths flfst W January, 193. Approved March 17, 192L J J |