The Caldwell watchman. (Columbia, La.) 1885-1946, 1912-10-25
ACT Ma ~.

House Bill No. 2. BY Mr.. Roberts.
Joint resolution submitting to the PEG.
ole Of Louisiana an amendment to the
Constitution recognizing and remodeling
the States system OF assessment and tax"
alton.
Section l. Be It resolved by the Gem
erai Assembly Of the State Of Louisiana.
two thirds OF all the members elected
TO each House concurring, That the fol.
lowing amendment to the Constitution OF
the State OF Louisiana be and the same
is hereby submitted to the qualified cleo.
tors OF the State at the Congressional
election to be held on the first Tuesday
after the first Monday in the month Of
November, in the year 1912, to-wit:
Article I.
I, The taxing power shall be exer-
cised by the State and by Its subdlvis'
ions for public purposes only:
T. The taxing power shall never be
surrendered, suspended, given, commu-
ted or contracted away: but where par.
fishes or municipal corporations shall
grant exemptions from parish or NUM-
cipal taxes for period not to exceed ten
courage the establishment of industrial
enterprises, or similar exemption to i'm
migrants OF the value added by them to
vacant property owned and occupied as
homestead, such exemptions Shall not be
withdrawn either as to enterprises es.
tablished or substantially begun IN good
faith or to immigrants who have actu..
ally acquired and improved or In good
faith begun to improve their homesteads,
since the granting of the exemption The
General Assembly on behalf OF the state,
and the governing authorities OF all SUBJ
divisions Of the state on behalf ~ snch
subdivision, may DEER ior not t more T., ,'ia a
calities subjected to overflow or other
public calamity.
mower to classify all property for taxa.
ton. and to adopt different rules and
rates for different classes. but such rules
and rates shall be equal ana 9 9,noMnho on
the territorial limits of the authority
ieyying the tax. All such classiications
shall he based on the characteristics OF
The property itself or its use. and never
on persons or ownership.
I. Except in case OF foreign invasion
or domestic revolution. the General AS
snv ad yalorem property tax in excess Of
foHr per cent: but the General Assembly
shail not exceed the rate Of two and one
half per cent except by q vote OF two
thirds Of all tho members elected to each
house thereof.
I, The sources Of State and local rev.
enue shall be segregated and. except az
hereinafter specified, or as may be here
after permitted by q vote OF two.thirds
Of all the members elected to each House
Of the General Assembly, each taxing
authority shall be restricted IN taxation
To ito own sources Of revenue as herein
assigned.
of two-thirds Of all the members elected
% each House Of the General Assembly.
the following shall be the sources Of
State revenue:
list. The special taxes hereinafter pro-
2nd. An corporations. private persons
and unincorporated associations that op-
crate any railroad falling under the juris.
fiction Of the Railroad Commission Of
Louisiana street rs ainr.1fc combined sed
hover business; heating or refrigeration
piant mot inclusive Of cold storase
ulann: telephone line; telegraph line,
whether wireless or otherwise: express
me. dining car. sleeping car, oil car. re-
frieerating car, or cars for any other pu
pose operating upon railroads Ia this