Daily Yellowstone journal., 1889-09-25
ARTICLE MI.
REVENUE AND TAXATION.

AND TAXATION.
SECTION 1. The necessary revenue
for the suppor and maintenance of the
State shall be provided by the Legisla-
tive Assembly, which shall levy a uni
form rate of assessment and taxation,
and hall prescribe such regulations as
shall secure a just valuation for taxation
of all property, except that especially
provided for in this article. The Legis-
latiye Assembly NAV also impose a
license tax, both upon persons and upon
coTpoTtions doing business in the State.
SEC. :. The property of the United
States, the State, counties, cities, towns,
school dist>icts, municipal corporations
and public libraries shall be exempt
from taxation; and such other property
as may be used exclusively for agricul-
tural and horticultural societies, for ed
vocational purposes, places for actual re-
ligious worship, hospitals and places of
burial not used or held for private or
profit, and institutions of
purely public charity may be exempt
from taxation.
SEC. 3. All mines and mining claims,
both placer and rock in place, containing
or bearing gold, silver, copper, lead, coal.
or other valuable mineral deposits, after
purchase thereof from the United States,
shall be taxed at the price paid the United
States therefor, unless the surface ground,
or some part thereof, of such mine or
claim, is used for other than mining pur-
poses, and has a separate and independent
value, for such other purposes, in which
case said surface ground, or any part
thereof, so used for other than mining
purposes, shall be taxed at its value for
such other purposes, as provided by law
and all machinery used in mining and
all property and surface improvcme nts
upon or appurtenant to mines and min
ing claims which have a value separate
and independent of such mines or min.
ing claims, and the annual net proceeds
of all mines and mining claims, shall be
taxed As provided by law.
SEC. 4. The Legislative Assembly
shall not levy taxes upon the inhabitants
or property in any county, city, town, OF
municipal corporation for county, town,
or municipal purposes, but ii may by
law invest in the corporate authorities
thereof powers to assess and collect
taxes for such purposes.
SEC. (. Taxes for citv, tC wn and
school purposes may be leyieC upon all
subjects and objects of taxation but tho
assessed valuation of any property shall
not exceed the valuation of the same
property for State and county purposes
SEC. o. No county, city, town OF
other municipal corporation, the inhab
lAdAlN NAOANO " AAS BASHCANN lNhSAh
shall be released or discharged from
their or its proportionate share of State
taxes.
SEC. 7. The power to tax corporations
or corporate property shall never be re
Iinquished or suspended, and all corpor
atoms in this State, or doing business
therein, shall be subject to taxation for
State, county, school, municipal and
other purposes, on real and personal
=. - - ..- -
not by this constitution exempted from
taxation.
SEC s. Private property shall not be-
taken or sold for the corporate debts Of
public corporations, but the Legislative
Assembly NAV provide by law for tn,
funding thereof, and shall provide BY
law for the payment thereof, including
ali funded debts and obligations, by as
sessment and taxation of all private prop
erty not exempt from taxation within
the limits of the territory over which
such corporations respectively have au
thoIity.
SEC q. The rate of taxation of rea
and personal property for State purpose,
in any one wear shall never exceed thres
C) mills on zach dollar of valuation; anc
whenever the taxable property in tn,
State shall amount to one hundred mil
lion dollars (SIooyooooool the rate shall
not exceed two and One-half ga mill'
on zach dollar of valuation; and when
ever the taxable property in the State
shall amount to three hundred million
dollars IS 3~oo,oooyoool the rate shall never
thereafter exceed one and one-half az
mills on each dollar of valuation; unless
a proposition to increase such rate, spec
living the rate proposed and the tins
during which the same shall be levied
shall have been submitted to the pcopl,
at a general election, and shall have re
ceived a majority of all the votes cas-
for and against il at such election.
SEC. 10. All taxes levied for STATE
purposes shall be paid into the STATE
treasury and no money shall be drawn
/ from the treasury but in pursuance o
, specific appropriations made by law.
SEC. n. Taxes shall be levied anS
, collected by general laws and for public
1 purposes only. They shall be uniform
| upon the same class of subjects within
1 the territorial limits of the authorit,
levyiug the tax.
SEC. IL. No appropriation shall b.
made nor any expenditures authorized
by the Legislative Assembly whereby tn,
expenditures of the State during an,
fiscal wear shall exceed the total tax thcI
provided for by law, and applicable I,
/ such appropriation or expenditure, un
!. less the Legislative Assembly making
such appropriation hall provide foI
|, ~levying a sufficient tax, not exceeding
[ the rate allowed in section 9 of thi'
article, TO pay such appropriations or ex
ipenditures within such fiscal year. Thi,