The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1902-10-25

rom such credits or from sucn persona.
a9eed Il this STATE state SUCH income tax
shall be uniform throughout the state,
and may be graded or progressive OF
both. and shall be levied at a rate nor
90 exceed 10 per centum upon the income
from such credits, and upon the income
from personal property. and at a rate
not exceeding per centum upon such
other income. Laws shall be passed tax
g an real ana
shall not be subject to other taxation
than the income or registry tax herein
authorized while the Law imposing 20 IN a snen
provided, public burying grounds. pup
lic schools. public hospitals, public, +, Il.
brary associations colleges univ cr4cIs
es and church property used exciusiyeIy
for religious purposes, and institutions
OF purely public charity. and public prop
erty used exclusively for public purposes.
to sasK
exempt from taxation. but such personal
than one member Of the same family.
Provided further, that nothing in this act
contained shall be construed to- anect,
modify or repeal any law providing 10.
the taxation of the gross earnings OF
railroads.
The effect OF the above anne ndm emit,
If adopted, Will be to amend the eH-
listing Constitution, as followss
list. To prohibit the legislature
from surrenderinE or contra citing
sway the power. Of taxation. Il
End. To provide that whenever
the income of the State derived
other than from direct taxation M,
ON real and personal property shall
be sufficient to defray all the ex-
penses of the State, and the direct
tax levied for such purpose is omit
he levied upon the taxable property
OF the county, which shall be equal
and uniform throughout the county
as distinEuished from being equal
and uniform throughout the State.
3rd. To authorize municipal cor
porations to levy assessments for
local improvements under and pur-
suant to special, as distinguished
from general, laws. -. n ~. =
18th. The Legislature is authorized
to provide for the levy and co1Iec-
tiOn of an annual tax upon fran
cllises granted by public author
ity, in addition to the tax on: real
and personal property of the person
or corporation holding the same.
5th. The Legislature Is authorized
to provide a tax upon the gross
earnings of any person or corpora
tion holding such a franchise, con-
ditfoncd that such gross earnings
tax may be in lieu of a tax upon the
franchise or upon the franchise and
personal property as we'll.
9th. Authority is conferred upon
the Legislature to provide for the
levy and collection of registryy
tax upon all real estate mortgages
which shall he in lieu of all other
tax on the debt secured by such
mortgage. j.. ... >.xf :.
7th. The Legislature Is authorized
to provide for a tax upon incomes
OF oA
arising from credits or personal
property or from property other
wise taxed in this State, and also
a tax upon the income derived from
credits as well as from personal
property. Such tax shall be uniform
throughout the State and may be
graded, or progressive, or both, and
shall be levied at Il rate not to ex-
coed ten percentum upon incomes
derived from credits and personal
property, and at rate not exceed
ing four per cent, per annum upon
such other Income. In case of the
Imposition of the registry tax above
referred to, Or of an income tax
arising from credits Or personal
property, all credits and personal
property owned by the party
against whom such registry or in
come tax is imposed is exempted
from all taxation while the law inn
posing such income or registry tax
is in force. $40 ~
In other words, where an income
tax upon salaries or earnings of in
dividua1s is provided for, all per-
sona1 property and credits must still
be subjected to taxation, while in
case of the imposition of an income
tax arising from credits and per-
sOnal property or OfTa registry tax
such credits and personal property
are exempted from taxation. -f>.se."r
! Sth. The Legislature is authorized
to exempt personal property of each
individual to the extent of $500,
provided the same shall not apply
or be allowed to more than one
member of the same family. T.
9th. Other provisions of the ex.
listing constitution involving the
subject of taxation are preserved
and continued in force. z>SE}:::: I:
~ w. b. DOUGLAS,
!. -s-. Attorney General.
July 3rd, A. ID. 1902. ~. 8 ~.