Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-09-02
Oct. 90
Aug. 5. Oct. 90.
Proposed Amendment to the Constitution
of the State Of South Dakota.

To the people of the State Of South Dakota:
The Eleventh Legislative Assembly of the
state OF South Dakota, begun and held at
1909, and concluded on the fifth day OF March,
1909. proposed the following Amendment to the
Constitution OF the state, viz:
That Article XII Of the Constitution OF the
state OF South Dakota be amended so as to
read as follows:
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.
nary expenses shall exceed the income of the
state for such year, the legislature shall pro-
year SUFFICIENT with other sources of income to
pay the deficiency together with the estimated
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 a tax annually, sufficient to pay the an
within ten years from the final passage OF the
law creating the debt. Provided, that the an
nual tax for the payment OF the interest and
principal OF the public debt shall not exceed in
any one year two mills on each dollar Of the as.
sessed valuation of all taxable property in the
made for state and county purposes.
Section 2. All taxes shall be uniform on all
property and shall be levied and collected for
puDllC puIpOScS Ouly. II value VI obCu SUI
ject of taxation shall be so fixed in money that
every person and corporation shall pay a 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 q
party. The legislature shall provide by gener-
al law for the assessing and levying OF taxes on
all corporate property, as near as may be. by
the same methods as are provided for assess.
Ing and levytng 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
all other property, effects or dues of every de-
scription, OF all banks and OF bankers so that
be subject to a taxation equal to that imposed
on the property Of individuals.
heritance, d~evtses, legacies and requests and
gifts In view of death in respect to the receipt
ents thereof, and may provide for a graduated
or progressive tax therein, with such exemp-
tons to the surviving husband or wife,
children and other relatives as it may pre-
scribe.
Section 5. The legislature shall classify in.
comes in respect to the recipients thereof, and
provide for a graduated or progressive tax
thereon with such exemptions as 1t may pre-
scribe.
Section 6. The property of the United States
and of the state, county and municipal corpor-
atoms. both real and personal. shall be ex-
empt from taxation.
Section Z. The legislature shall. by general
law, exempt from taxation property used ex-
clusiveiy for agricultural and horticultural So
cieties. for school, religious. cemetery and
o char aa6 ed purposes as IN, inein naeagas enurG n p chsrcb
colleges; and personal property to any amount
not exceeding in value two hundred dollars for
each individual liable to taxation.
Section 8. All laws exempting property
from taxation except as provided for In this
article, shall be void.
pursuance OF o law which shall distinctly state
the object OF the same, to which the tax only
Section 10. All 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 in pursuance of an appropriation for
'c Th spf iesisla pargo ssa hrs pro % ' by suitable en-
actment for carrying this section into effect.
Section II. The legislature may vest the cor
porate authorities of cities, towns and villages
with power to make local improvements by
otherwise.
For all corporate purposes, all municipal
corporations may be vested with authority to
assess and collect taxes; but such tax shall be
within the jurisdiction OF the body ,evying the
same.
Section i2. The making of q profit. directly
or school district money. or using the same
for any purpose not authorized by law, shall
be deemed q felony and shall be punishable as
Section is. An accurate statement Of the
receipts and expenditures Of the public
moneys shall be published annually. In such
manner as the legislature may provide.
The proposed Amendment will be voted upon
by the people at the general election to be
held in this state on Tuesday, the Sth day Of
November. 1910. The proposed Amendment
VIII be printed upon the ballot followed by the
words Shall the above amendment to the
constitution In relation to taxation and the
amount of tax to be levied be approved and
ratifiedY' Immediately to the left Of which
shall be printed the words, yes and mo,
each preceded by q square in which the elector
can place q cross to Indicate his vote. Elect
ors desiring to vote Yes" will place q cross
before the word Yes. and those desiring to
vote mo" place q cross before the word mo"
Dated at Pierre, the Capital. this o5th day OF
July. A. D., 1910. SAMUEL G. PoLLEY
Secretary Of State.