The Redwood gazette., 1902-10-08

i such investm ents when the entire
indebte dness, including the loan In
| question, does not exceed fifteen (15)
per cent of the assessed valuation
| of the taxable real property in such
! M municipalities: whereas. under the
exixting Constitution loans are per-
mitted only where such total IN
| debtedness does not exceed seven
| ca per cent of the assessed valu-
| alton. @E
| BY An Act of the Legislature Of the
State of Minnesota Approved April IL,
1901 and known as House File No. 353, It
! is proposed to Amend Section Sixteen (l6)
of Article Nine co. Of the Constitution.
| The Section as now existing reads as
! follows:
/ Section 16. For the purpose OF lendlng
| aid in the construction and improvement
OF public highways and bridges there rs Is
| state road and bridge fund" Said tund
shall include all moneys accruing from
the internal Improvement land fund, OF
! that may hereafter accrue to said fund,
and shall also include all funds accruing
to any state road and bridge fund, how
The legislature is authorized to add to
such fund for the purpose of constructing
state by providing, in its discretion, for
an annual tax levy upon the property OF
! this state Of not to exceed in any year
I the taxable property within the state;
/ The legislature is also authorized to
; provide for the appointment by the gov.
as the state highway commission con, !;
sisting of three 80 members, who shall
perform such duties as shall be Pre-
scribed by law, without salary or com
pensation other than personal expenses.
! Such commission shall have general su-
perintendence OF the construction OF state
t1on
str distribute ut the Sam same iii in the several
eoanttes in the state upon an +sli ea4ltap,e ne
county shall receive in any year more
than three (a) per cent or less than one one
half, CD of one N ner, cent of the total
such year; and provided further, that no
more than ore-third (1-3) Of such fund
accruing in any year shall be expended
than one-third 0-3) of the cost of con-
structing OF improving any road or 6rldse
; be paid by the state from such fund
/ It is proposed by said Act to amend the
same so as to read as follows:
| Section 16 For the purpose of lending
aid in the construction and Improvement
of public highways and bridges, there is
State Road and Bridge Fund" Said
fund shall include all moneys accruing
from the interest derived, from the In.
! vestments in the, internal improvement
land fund, OF that may hereafter accrue
to said fund.- and shall also include all
funds accruing to any state road ana
bridge fund however provided.
| The legislature is authorized to add to
such fund for the purpose Of construct
ing or improving roads and br1dges or the @
state. and providing in Its discretion fof OF
an annual tax levy upon the property OF
this state, OF not to exceed In any one
year one-tenth Q-1O Of one mill on all
the taxable property within the state.
The existing Constitution author
ICES legislation providing for levy
of a state tax of 1-2O of one mill for
the purpose of building roads and
bridges. and provides for its uHe
under the direction of a State High
way Commfsafon in such counties
as shall contribute at least double
the amount of the State moneys ek-
pended, by said Commission for such
purpose. subject also to certain
other limitations.
BY the proposed change, a tax of
Ito of one mill il authorised to be
levied for this purpose; the High
way Commission is abolished. and
the result. if the proposed amend
the distribution of such funds In the
hands of the Legislature, without
limitation or restriction.
w.
By an act Of the legislature of the State
of Minnesota, known as chapter one az
of the Laws of the Extra Session of 1902.
it is proposed to amend sections one a.,
two (2) and three 3) Of article nine 90
of the constitution
! The sections now existing read as
lows:
Section /. All taxes to be raised In
this state. shall be as nearly equal as may
BE- and an property pIm on which h taxes .a are
and he equalized and uniform throughout
the s,atei provided, that the legislature
may. by general law or special act l. au-
assessments for local improvements upon
the property fronting upon such Improve
ments., or upon the property to be bene-
fitted by such Improvements, or both,
without regard to cash valuation, and
in such manner as the legislature may
prescribe; and provided. further. that for
the purpose Of defraytng the expenses of
laying water pipes and supplying any
city or municipality with water. the leg
isiature may, by general or special law.
authorize any such city or municipality,
having a population Of Ave thousand or
more. to levy an annual tax or assess
ment upon the lineal foot OF all lands
fronting on any water main or water
pipes laid by such city or municipality
within corporate limits OF said city, for
supplying water to the citizens thereof.
property and to empower such city to
collect any such tax assessments, or fines
or penalties for failure to pay the same.
, of the rules Of such city or municipality
in regard to the use Of water. or for any
water rate due for the same.
And provided further. that there may
be by law levied and collected a tax upon
all inheritances. deyises. bequests. lega-
cies and gifts of every kind and descrip-
.. ton above fixed and specified sum. OF
any and all natural persons and corpora
tions. Such tax above such exempted
sum may be uniform, or 1t may be grad
ed or progressive. but shall not exceed
maximum tax OF FIVE per cent.
Sec 2. The legislature shall provide
for an annual tax sufficient to defray the
estimated Ordinary expenses of the
state for each year: and whenever II
!. shall happen that such ordinary expenses
of the state for any year shall exceed
the income OF the state for such year
.. the legislature shall provide for levying
tax for the ensuing year sufficient
with other sources of income, to pay the
deficiency of the preceding year, together
with the estimated expenses of such en-
suing year.
Sec 3. Laws shall be passed taxine
all moneys. credits investments in bonds
stocks, joint stock companies. or other.
wise: and also all real and personal prop
erty according to It's true value in
I money: but public buryinE grounds, pub
IT, Srhnofh0l,Soa al