The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1912-09-06
ACT Mo IL,

ACT No ".
House Bill No. 2. BY Mr. hooer.s'
Joint resolution submitting TO the PEG
nle Of Louisiana an amendment to the
Constitution reorganiZing and remodellnG
the States system of assessment ana tax
Section /. Be it resolved by the Cen
eral Assembly Of the State OF Louisiana;
two-thirds Of all the members elected
to each House concurring, That the lol.
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 l9l2' to-"l''
Article |.
I, The taxing power shall be -eNer-
cised by the State and by its subdivis-
ions for public purposes only,
| 9 The taxing power shall never De
surrendered suspended, given, e0nmu-
ted or contracted away: but where par,
ishes or municipal corporations shall
grant exemptions from parish or NUM-
cinal taxes for period not to exceed ten
wears from date of completion to en-
courage the establishment of industrial
enterprises or similar exemption TO I'M
migrants OF the value added by them to
vacant property owned and occunled as a
homestead, such exemptions shall NOT De
tablished or substantially begun in gooC
faith. or to immigrants who have actu'
ally acquired and improved or In gooc
faith begun to improve their homesteads
since the granting OF the exemption. Ih'
General Assembly on behalf OF the state
and the governing authorizes on al SUD
divisions of the state on behalf of suci
subdivision, may defer for not more thai
: three years the collection Of taxes in 10
, calities subjected to overflow or othe
public calamity.
2 The General Assembly shall hav
mower to classify all property for taxa
ton, and to adopt different rules an
rates for different classes, but such rule
and rates shall be equal and uniform o.
ali subjects of the same class Throughout
the territorial limits Of the authorit
levving the tax All such classification
shall be based on the characteristics Q
the property itself or its use, and neye
on persons or ownership.
L. Except In case of foreign invasio
or domestic revolution, the General AS
sernblv shall not have power to lev
ANY ad yalOren property tax in excess {
: four per cent: but the General Assembl
e shall not exceed the rate of two and one
! half per cent except by vote of two
d thirds of all the members elected to eac
0 house thereof.
g Article II.
u I. The sources of State and local rev
i en,Ie shall be segregated and. except &
Y hereinafter specified, or as may be here
& after permitted by a vote OF two-thirt
l. of all the members elected to each Hou:
n of the General Assembly. each taxr
h authority shall be restricted in taXatit
J. to its own sources of revenue as here
q assigned
n g Until otherwise provided by vo
= of two thirds Of all the members elects
n TO each House of the General Assembl
n the following shall be the sources
State revenue:
10 lst. The special taxes hereinafter pr
- vided for
ID and. All corporations, private perso
n. and unincorporated associations that o
lie crate any railroad falling under the iuri
l. diction of the Railroad Commission
louisiana: street railroad; c0mbin
ID street railroad and electric light a.
IN power business: heating or refrigerati
w plant mot inclusive of cold stora
i. plant); telephone line: telegraph lii
whether wireless or otherwise: EXPIRE
n line. dining car, sleeping car oil car, I
s. frigerating car, or cars for any other pt
re- pose operating upon railroads IN Il