St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-08-31
eontativee.
Approved August. -. 1917.
L. =. HALL,
Governor OF the State Of Louisiana.
A true copy. III.
ALVIN e. HEBERT.
Secretary Of state.
ACT NO. II.

i
ACT NO. II.
House Bill No. ;. By NJ. Roberts.
Joint resolution submitting to the
people OF Louisiana m amendment
to the Constitution recognising and
Iremodeling the States system Of a..
sessment and taxation.
| Section /. BE Il resolved BY the
| General Assembly Of the State Of
iLouisiana, two-thirds Of all the menu
bers elected to each house concur
ing, That the following amendment
to the Constitution Of the State Of
Louisiana be and the same 10 hereby
submitted to the qualified electors OF
the state ct the Congressional cleo
ton to be held on the 0rst Tuesday
after the first Monday In the month
! OF November, 1919, to-wit:
ARTICLE /.
I. The taxing power shall b ez-s
ercised by the State and BY IT. sub
divisions for public purposes only.
:. The taxing power shall never
be surrendered, Suspended, given.
commuted or contracted, away; but
where parishes or municipal eorpor-
atoms shall grant exemptions from
parish or municipal taxes for
period not to exceed ten years from
date Of completion to encourage the
establishment of Industrial enter
prises, or q similar exemption to inn
migrants of the value added by them
to vacant property owned and oc-
cupied ~ . Homestead. such exc
emptions shall not be withdraw
either % to enterprises established
or substantially begun in good faith.
or ~ to immigrants who have &C.
tually acquired and improved or In
good faith begun to improve their
homesteads. since the granting Of
the exemption. The General Az
sembly on behalf Of the State. and
the governing authorities OF al sub
divisions Of the State on behalf of
such subdivision. may defer for not
more than three years the collection
Of taxes in localities subjected to
overflow or other public calamity.
3. The General Assembly shall
have the power to classify all prop
erty for taxation, and to adopt diff
ferent rules and rates for different
classes. but such rules and rates shall
be equal and uniform ON all subjects
Of the same class throughout the ter
ritorial limits of the authority levy
ing tar. All such classiflcations shall
be based ON the characteristics Of
the property itself or it, use, and
never on persons or ownership.
1. Except in case Of foreign; In
vasiOn or domestic revolution. the
General Assembly shall not have
have power. to levy any I'D valoren
property tax in excess of four per
cent, but the General Assembly shall
not exceed . rate of two and one-half
per cent, except by q vote of IA
OF all the members elected to each
house thereof.
ARTICLE II.
l. The sources OF State and local
revenue shall be segregated and, ex-
cept as hereinafter specified, or AZ
may be hereafter permitted BIZ 4
vote Of two-thirds of all the members
elected to each House Of the General
Assembly, each taxing acthority
shall be restricted in taxation to it,
own sources of revenue a. herein
assigned.
2. Until otherwise provided By 4
vote of two-thirds Of al OF the mem.
bers elected to each House Of the
General Assembly, the following
snail be the sources of state revenue:
Let. The special taxes herein
after provided for.
I'd. All corporations, private per-
sons and unincorporated associations
that operate any railroad falling un-
der the Jurisdiction OF the Railroad
Commission Of Louisiana; street rail.
road; combined street railroad and
electric light and power business:
heating or refrigeration plant. fnot
inclusive Of cold storage plant: tel.
ephone line: telegraph line; whsth-
er wireless or otherwise: express
line. dining car. sleeping car. oil car.
refrigeratfng car, or cars for any
other purpose operating uDon rail-.
roads In this State: steamboat. mo.
tor boat. steamship. ferry. baree.
and tug. or other water craft. where
operated for hire. canal for trens-
portation or irrigation, and pipe line
ior OIL or gas. When the electric
ilsht and power business conducted
IN conjunction with any street rail-
road can be practically severed from
the street railroad business for pur-
poses OF assessment then such sever
ence shall be made BY the Tax Com
mission and such electric light an.
power business shall not be \ source
Of State revenue. -
ID. All banks, State and Nation.
81. including savings banks. trn.t
banks and trust companies. and ali
private bankers, whether. individn.
ais or partnerships. save that the
reai estate OF al banks and bankers
snail be locally assessed and taxed
Inc assessments Of the real eatate
OF banks and bankers shall BE- eomal.
i1ed annually by the Tax Comm iesi1,r
20 the basis established and m vorme
IN each locality where such real -.
tate 10 located.
tn. All insurance companies in
elSd'ns bonding and surety compan.
.es, foreign and domestic, and ali
PERSONS and partnerships engaged IN
..sa'lng persons or property. save
t''at al the real estate ana corncreai
PROPERTY OF such companies persons
9: partnerships shall be locally al.
ssssed and taxed.
9TH. All sugar relinerie. ne.
mills. cotton seed oil mills. cotton
seed OIL rehneries and refineries ~
petroleum and its products. A sur-
=: r:hrery Oh hereby defined to D. .
concern that buys and refines rav
sugar exclusively, or q concern that
Duys ana refines more raw SUGAR
tnsn the aggregate of the sugar pro-
ouced by It from cane grown and
purchased by It. $50
etn. All mines Of sulphur, salt.
OF otner minerals. al oil or gas wells
81 stone quarries. sand, gravel ana
shell pits. ->-