The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-10-31
ACT NO. u.

|
House Bill No. 2. By Mr.. Robarts
JOINT RESOLUTION
Submitting to the people of Louisj
ana an amendment to the Con
stltution recognizing and re
modelling the States system o
assessment and taxation.
Section 1. Be it resolved by the
General Assembly of the State q
Lcuislana, twothirds of all the mem
oers elected to each House concur
ring, That the following amendmen,
10 the Constitution of the State O,
Louisiana be and the same is hereb,
submitted to the qualified electors
OF the State at the Congressiona
election to be held on the first Tues
DAY after the first Monday in the
month of November, in the year 1919
to-wit:
Article |,
l. The taxing power shall be exer
cised by the State and by its sub.
divisions for public purposes onlv
q The taxing power shall never be
surrendered, suspended, given, com.
muted or contracted away; but where
parishes or municipal corporations
snail grant exemptions from parish
or municipal taxes for a period not
10 exceed ten years from date OF
completion to encourage the estab.
lishment Of industrial enterprises or
a similar exemption to Immigrants
OF the value added by them to vacant
property owned and occupied as a
homestead, such exemptions shall not
be Withdrawn either as to enter.
prlses established or substantially be.
gun IN good faith, Or as to immigrants
who have actually acquired and i'm
proved or in good faith begun to i'm.
prove their homesteads, since the
granting of the exemption. The Gen.
eral Assembly on behalf of the State.
and. the governing authorities of ali
subdivisions Of the State on behalf
OF such subdivision, may defer for
not more than three years the col.
lectlon OF taxes in localities subject.
20 10 overflow or other public ca.
|amity.
8. The General Assembly shall have
power to classify all property for tax.
atom, and to adopt different rules
md rates for different classes. but
'uch rules and rates shall be equal
md UNIFORM on all subjects Of the
'ame class throughout the territorial
lmlts OF the authority levying the
". AL such classifications shall he
'ased on the characteristics Of tho
property itself or It's use. and nav.
r on persons or ownership.
=. Except in case Of foreign inya-
ION Or domestic revolution. the Gen.
tai Assembly shah not have power
0 levy any ad valorem properly tax
excess Of four per cent: but the
eneral Assembly shall not exceed
1e rate OF two and one-half per cent |
kept by vote of two-thirds Of ali !
1e members elected to each house
hereof. u'o
Article II.
1. The sources of State and ,oca,
'venue shall be segregated and ex.
'pt as hereinafter specified. or az
ay be hereafter permitted by a
'te OF two-thinds of all the members
ected to each House of the Gener.
Assembly, each taxing authority ,
all be restricted in taxation to it's =
'n sources of revenue as herein :
signed. :!
2. Until otherwise provided by a {
tie of thirds of all of the mem. t
rs elected to each House of the | 6
neral Assembly, the following
all De the sources of State reve- t
e: {
list. The special taxes hereinafter b
divided for. I,
md. All corporations, private per. IL
IS and unincorporated associations
It operate any railroad falling un- S,
the jurisdiction of the Railroad e;
mmission of Louisiana; street rail. I'll
ID; combined street railroad and &C
ctrlc light and power business: 81
!ting or refrigeration plant. (not So
lusiye of cold storage plant; tel TO
one line. talopranh linz who+t,
wireless or otherwise; express Sc
J. dining car, sleeping car. oil car, nj
'leeratlng car, or cars for any tn
er purpose operating upon rail. an
Is in this state; steamboat. mot. an
boat. steamship, ferry, barge and tia
or other water craft, where op-
ed for hire, canal for transporta. thj
or irrigation. and pipe line for nit
or gas. When the electric light an
power business conducted in con.
ton with any street railroad can +,o
practically severed from the street s; civ
Dad business for purposes Of AZ. ~
ment then such severance SHAH rai
made by the Tax Commission and WI NJ,
electric light and power business w.,
not be a source of State reve.
!. All banks, State and Nation. e ssu
including savings banks, trust n No.
s and trust companies, and ali ~ H..
'te bankers, whether individuals ~
partnerships, save that the real ra uu
e OF all banks and bankers shall .n ~,
1CallV aSsoaaod onI +o~>s oAy