| OCR Text |
Show H. J. R. No. 7 By Msoi's. Hopkins, Gunther, Wangsgaard, Welch and Sheffield A JOINT RESOLUTION PROPOSING PRO-POSING TO AMEND AR-'ii AR-'ii JLE XIII, SECTION 2 OF THE CONSTITUTION OF THE STATE OF UTAH, RELATING RE-LATING TO TANGIBLE PROPERTIES E X E M P T hiOM TAXATION. Be it resolved by the Legislature Legisla-ture of the State of Utah, twii-tliirds ot all members elected to each of the two liouses voting in favoi thereof : Section 1. It is proposed to et.-end Article XI 11, Section 2 o.' the Constitution of the State of Utah, to read as follows: Section 2. All tangible property prop-erty in the state, not exempt under the laws of the United States, or under this const. lu-tion, lu-tion, snail be taxeU in proportion propor-tion to its value, to be ascertained ascer-tained as provided by law. The property of the state, counties, cities, towns, school districts, municipal corporation and public libraries, lots with the buildings thereon used exclusively exclu-sively for either religious worship wor-ship or charitable purposes, and places of burial not held or used for private or corporate corpor-ate benefit, shall be exempt from taxation. Water rights, ditches, canals, reservoirs, power plants, pumping plants, transmission lines, pipes and flumes owned and used by individuals in-dividuals or corporations for irrigating land within the state owned by such individuals or corporations, or the individual members thereof, shall not be separately taxed as long as they shall be owned and used exclusively for such purposes. Power plants, power transmission transmis-sion lines and other property used for generating and delivering de-livering electrical power, a portion of which is used for furnishing power for pumping water for irrigation purposes on lands in the State of Utah, may be exempted from taxation taxa-tion to the extent that such propery is used for such purposes. pur-poses. These exemptions shall accrue to the benefit of the users of water so pumped under such regulations as the legislature may prescribe. The taxes of the indigent poor may be remitted or abated at such times and in such manner as may be provided by law. The legislature may provide for the exemption from taxation of homes, homesteads, and personal per-sonal property, not to exceed $2. 000 in value for homes and orrrsteids, and all household furnishings, furniture, and equipment used exclusively by the owner thereof at his place of abode in maintaining a Kome for himself and family. "ro"eriv not to exceed $3,003 in value, owned by disabled isrrons who rcrved in any war in f'-e military service of the United States or of the State of Utah rntl'by the unmarried widows and minor orphans of such persons may be exempted s the legislature may provide. The legislature shall provide bv law for an annual tax sufficient, suf-ficient, with other sources of revenue, to defray the estimated esti-mated ordinary expenses of the state for each fiscal year. For the nuroose of paying the state debt, if any there be, the legislature shall provide for levying a tax annually.suffi-cient annually.suffi-cient to pay the annual interest inter-est and to nay the principal of such debt, within twenty years from the final passage of the law cheating the debt. Section 2. The secretary of state is directed to submit this proposed amendment to the electors of the State of Utah at the next general election in the manner provided by law. Section 3. If adopted by the electors of this state, thi state, this amendment shall take effect the first day of January, 1959. |