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Show ' CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend Sections 2 and, S, Article XIII, of the Constitution Constitu-tion of Utah Relating to Property Subject to Taxation and Rates of Tax A resolution proposing amendment to Scrt'onH 2 and 8, Article IS, of tho Cr. at it n tlon of the State of Utah re-la! re-la! Inc to property subject to taxation and ratea of tax. Be It reaolred by the legislature of tho State of Utah, two-thirds of all tko members elected to each house concurring therein : Section 1, That it is proposed to amend Sections 2 and 3, of Article 13 of the Constitution of the State of Utah, so that such sections will read as follows: Sex. 2- To the end that ihe burden of taxation may he equitablo upon aJ'. property, the legislature is Orn powered to divide all property Jncluilnif mon eys and credits as well a physical proporty, into claasea and to 'determine 'deter-mine what class or classes of property proper-ty shall be BTitoJect to taxation and what property, If any, shall not bo subject to taxation. Taxes shall bo uniform upon all property of the same cUs aad shall be levied and collected collect-ed for public pnrposes only. Taxea may be Imposed upon any and all W OVOllr, including privileges, franchises fran-chises and licensee to do business In the state, bat this shall not be so construed con-strued aa to authorize the taxation of 1 the stocks at any company or corpora-lion corpora-lion when the property of such com- ; paif or corporation represented by sr.eh stocks has boen taxed. The leg. Ulatnra is empowered to impose taxes tax-es Trpo incomes, which taxes may be graduated and progressive and reason-1 aWle exemptions may be provided, and I a credit may be allowed on Income tax- I e for property taxes paid within the year; provided, that nothing in thin j 9ectidh shall permit classification of mlntfl or mining claims. Sec. 3. The property of the United Unit-ed States, of the state, counties, cltVee, towns, school dlstzicta, municipal cor poratlons and public libraries, lota with the buildings thereon used ex-cluslvely ex-cluslvely for higher religious worship or charitable purposes and places of burial not hold or ueed for private or: corporate henefit, and mortgages upon both real and personal property shall be exempt from taxation. Ditches,: canals, reservoirs, pipes, and flumes owned and used by Individuals or corporations cor-porations for Irrigating lands owned by such Individuals or corporations, or the individual members thereof, shall not ho separately taxed so loaf as they shall be owned and used ex cluslvely for such purpose; a deduJ i tlon of debits from credits may be I authorized and taxes of the indigent I poor may bo remitted or abated at j such time and In such manner aa may be provided by law. So 2. The secretary of state iajl j dirocted to cause this proposed amend ment to be published as required by i tho constitution and to be submitted to the electors of tbe state at the next general election in the manner provided pro-vided by law. Sec. 3. If approred by the electors of tho state this proposed amendment : shall take effect on the first day of January. 1013. Approved March IT, 1881. |