Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-09-09
Opf DS
Aug. ,. Oct. "
Proposed Amendment to the Constitution
of the State Of South Dakota.

To the people of the State OF South Oak ota:
The Eleventh Legislative Assembly OF the
state OF South Dakota, begun and held at
Pierre, the Capital on the 9Th day OF January,
1909, and concluded on the fifth day OF March.
1909. proposed the following Amendment to the
That Article XI OF the Constitution OF the
state OF South Dakota be amended so AS to
ARTICLE XII.
Section l. The legislature shall provide for
an annual tax, sufficient to defray the estimat-
ed ordinary expenses OF the state for each year
not to exceed In any one year two mills on
each dollar OF the assessed valuation OF all
taxable property in the state, to be ascertained
by the last assessment made for state and
county purposes.
And whenever it shall appear that such ordi-
nary expenses shall exceed the income OF the
state for such year. the legislature shall pro-
vide for the levying OF o tax for the ensuing
year sufficient with other sources OF Income to
expenses OF the year in which such levy is
made. And for the purpose OF paying the
public debt. the legislature shall provide for
levying u tax annually. sufficient TO pay the an
nual interest and the principal OF such debt
within ten years from the final passage OF the
law creating the debt. Provided, that the an
principal Of the public debt shall not exceed in
any one year two mills on each dollar OF the as
state. as ascertained by the last assessment
made for state and county purposes.
Section 3. All taxes shall be uniform on all
property and shall be levied and collected for
public purposes only. The value OF each sub
ject OF taxation shall be so fixed In money that
every person and corporation shall pay u tax
in proportion to the value OF his, her or its
property. Franchises and licenses to do bust
ness in the state. gross earnings and net In
comes. shall be considered In taxing corpora
tons and the power to tax corporate property
shall not be surrendered or suspended by any
contract or grant to which the state shall be a
party. The Legislature shall provide by gener-
q. law for the assessing and levying Of taxes Oh
all corporate property, as near AZ may be. by
the same methods az are provided for ASSESS
Il Ing and Lowing OF taxes on Individual property.
Section 3. The legislature shall provide for
taxing all moneys. credits. investments In
bonds. stocks, joint stock companies, or other
wise; and also for taxing the notes and bills
discounted or purchased, moneys loaned, and
scription, of all banks and OF bankers so that
all property employed In banking shall always
be subject to a taxation equal to that imposed
on the property OF individuals.
| Section 4. The legislature may classify In.
heritance, devises, legacies and requests and
eents thereof, and may provide for a graduated
or progressive tax therein. with SUCH exemp-
tons to the surviving husband or wife,
scribe.
Section 5. The legislature shall classify in
provide for o graduated or progressive tax
thereon with such exemptions as It may pre-
scribe.
Section s. The property Of the United States
and OF the state. county and municipal corpOr.
atoms, both real and personal. shall be ex-
Section 2. The legislature shall, by general
law, exempt from taxation property used ex-
clusively for agricultural and horticultural so
charitable purposes. including church pparson-
ages and houses OF the presidents OF church
colleges; and personal property to any amount
each individual liable to taxation.
Sections 8: All laws exempting property
from taxation except as provided for In this
Section 9. No tax shall be levied except In
pursuance Of 3 law which shall distinctly state
the object Of the same, to which the tax only
Section Is. Ali taxes levied and collected
for state purposes shall be paid into the state
treasury, No Indebtedness shall be incurred
or money expended by the state. and no war;
ants shall be drawn upon the state treasurer.
except &c ~ pursuance OF an appropriation for
Tho legislature shall provide BY suitable en-
sctment for carrying this section into effect.
porate authorities OF cities, towns and villages
with power 10 make local improvements by
special taxation OF contiguous property or
For all corporate purposes, al municipal
corporations may be vested with authority to
nnifosm on 1it Goi resns sHx ta ns ous ssca an .H sn snne De
within the jurisdiction OF the body levying the
same.
or Indirectly. out Of state, county, City, town
or school district money. or using the same
for any purpose not authorized BY law. shall
Section IL. An accurate statement Of the
receipts aud expenditures of the public
moneys shall be published annually. In such
manner as the legislature may provide.
The proposed Amendment will be voted upon
Ss,o t in ,b Hs0 s,s,. :. on he nses ssnsr, he s'e ssS Ss TO be os
November. 1910. The proposed Amendment
will be printed upon the ballot followed by the
constitution 10 relation TO taxation and the
amount Of tax to DO levied DO approved and
ratiiedf' Immediately TO the left OF which
0hah hA nRaRN0A I'M -~AHA ssVn0SS A-N NJ
esch preceded ny . square il which the elector
can plsce . cross 70 indicate his vote. Elect
before the word "Yes''. and those desiring to
vote MO place . CROSS before the word mo-
Dsted Of Pierre, the Capital. this 18Th day OF
ScoSotaIy Of State.