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Show CONSTITUTIONAL AMENDMENT NO. 2 Proposing to Amend Sections 2 and S, Article XIII, ot the Constitution Constitu-tion of Utah Relating to Property Subject to Taxation and Rates of Tax A resolution proposing amendment to Sections and 3, rtirlo 13, of the Constitution of the State of ltah relating re-lating to property sn'-Ject to larallon and rates of tav. Re it rolved It the Tesislature of the State of Utah, two-thirds of al! tVe members elected to each house ooncnrrlng therein : Section 1 That it is pr.vnseil 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 : Soc 2 To the end that the burden of taxation may h equitable upon ajl property, the legislature is empowered to divide all property including iron eys and credits as well as physical property, into classes and to determine deter-mine what class or classes of propor- ty shsJl he mshject to taxation and what property, if any. shall not no I subject to taxation Taxes shall be i antform upon all property ot the same J eUss sad shall b levied and coilect-s4 coilect-s4 tor public purposes only. Taxes ' may be Imposed npon any and all i property, Including privileges, fran , rlilses and licenses to do business In the stats, bnt thin shall not be so con- ctri7d as to authorize the taxation of the stocks of any company or corporation corpora-tion when the property of snch company com-pany or corporation represented by i such stocks has been taxed. The leg-tsVarsre leg-tsVarsre is empowered to impose tax-1 ss upon Incomes, which tares may be . graduated and progressive and reason Wis exemptions may he provided, and I a credit may be allowed oo incoms H es for property taxes paid wltflli I year ; provided, that nothlau la (j s?ietion Bhall pormit cluilflntics mlne or mining claltna. Sec. 3. The property of tst C ed States, of the state, counties, dl towns, school districts, municipal poratlons and public libraries, with the bulldlncs thereon ued ( hmlvely for higher rellloui war or charitable purposes and placet burial not held or used for rrrlvatl corporate benefit, and mortgage! o both real and personal property I be oxempt from taxation. Ditd canals, reservoirs, pipes, and Oa owned and used by Individual! or poratlona for irrigating lands OS by such Individual! or corporall or the individual membera thel aball not be separately taxed to as they shalt be. owned and used closlvely for such purpote; a del tlon of debits from credits mil authorized and tasee of the lndll ' poor may be remitted or abated! such time and In such manner as I he provided by law. Ssc 2. The secretary of state directed lo cause this proposed ami I ruant to be published as require! I the constitution and to be submittal I the electors of tbo state at the 1 I general eleotlon In the manner 1 ! vided by law. Sec. S. If approved by the elect I tf the state this proposed amead shall rake effect on the first daj January, 1W8. Approved March 17, 1&1 |