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  1. Overview: Utah State Constitutional Convention 1895 (2020 Edition)
  2. Full Record: Utah State Constitutional Convention 1895 (2020 Edition)
  3. Committee:The Convention
  4. Session: 1895-04-18 16:00:00
  5. Event type: CREATE

Utah State Constitutional Convention 1895 (2020 Edition)

Proceedings and Debates of the Convention Assembled to Adopt a Constitution for the State of Utah

The Convention

All the delegates.

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Document introduced in:

Session 7385: 1895-04-18 16:00:00

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Article No. 14.3

(Showing state at moment e694980)
There are 3 proposed amendments related to this document on which decisions have not been taken.

Revenue and Taxation

Revenue and Taxation

Section 1. The fiscal year shall begin on the first day of January unless changed by the Legislature.

Section 2. All property in the State, not exempt under the laws of United States or under this Constitution, shall be taxed in proportion to its value, to be ascertained as provided by law. The word property as used in this article is hereby declared to include moneys, credits, bonds, stocks, franchises and all matters and things (real, personal and mixed) capable of private ownership, but this shall not be construed so as to authorize the taxation of the stocks of any company or corporation when the property of such company or corporation represented by such stocks has been taxed. The Legislature shall provide by law for an annual tax sufficient, with other sources of revenue to defray the estimated ordinary expenses of the state for each fiscal year. And for the purpose of paying the State debt, if there be any, the Legislature shall provide for levying a tax annually, sufficient to pay the annual interest and principal of such debt within twenty years from the final passage of the law creating the debt.

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Section 10.

Section 11.

Section 12.

Section 13.

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