St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-11-02
oentatives.
Approved August ~, 1919.
L. e. HALL.
Governor of the State Of Louisiana.
A true COPY.
ALVIN T.. HEBERT,
Secretary Of State.


A true copy.
ALVIN E. HEBERT.
Secretary Of State.
ACT NO. IL.
House Bill No. 2. BY Mr.. Roberts
Joint resolution submitting to the
veople OF Louisiana an amendment
remodeling the States system OF ~
sessment and taxation.
Section /. Be 1t resolved By the
General Assembly Of the State Of
Louisiana, two-thirds Of all the men,
bers elected to each house concurr-
ing, That the following amendment
to the Constitution of the State OF
Louisiana be and the same IL hereby
submitted to the qualified electors Of
the State at the Congressional cleo
ton to be held On the nrst Tuesday
after the nrst Monday in the menth
/ Of November, 1919, to-wit:
ARTICLE I.
1. The taxing power shall be ex-
ercised by the State and BY it, sub
divisions for public purposes emily.
2. The taxing power shall never
be surrendered. suspended. given.
commuted or contracted away: but
where parishes or municipal corpor-
ations shall grant exemptions from
parish or municipal taxes for
fperiod not to exceed ten years from
I 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 &C.
Fcupiod ~ . homestead. such ex-
emptions shall not be withdraw
either ~ to enterprises established
Tor substantially begun in good faith.
or ~ to immigrants who have &C.
ltually 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 all sub
divisions Of the State on behalf IT
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 Sif~
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 q
1.-THE property itself or its use, and
never on persons or ownership.
| 4. Except in case OF foreign In
vasion or domestic revolution. the
General Assembly shall not have
have power to levy any I'D valorem
property tar in excess OF. four per
cent. but the General Assembly shalt
not exceed rate OF two and ene-half
per cent. except BY Z vote. OF 2-3
iof all the members elected to each
house thereof
ARTICLE II.
I. The sources Of State and locs!
revenue shall be segregated and. az
cept rs hereinafter specified. sr n
may be hereafter permitted ~ $
vote Of two-thirds Of al the mem belt
elected to each House Of the Genera,
Assembly, each taxing authorit;'
lshall b restricted in taxation to it,
Town sources of revenue 20 herein
assigned.
2. Until otherwise provided BY .
Ivote Of two-thirds Of all OF the mem.
}bers elected to each House OF the
General Assembly, the following
tshall be the sources Of State revenue:
LIST. The special taxes herein-
latter provided for.
I'd. All corporations. private per-
tSons and un:nco.poratol associations
that operate any railroad falling un.
lder the Jurisdiction Of the Reilroad
Commission Of Louisiana: street rail,
road; combined street railroad and
electric light and power business:
heating or refrigeration plant, emo,
inclusive Of cold storage plant); tel.
lephone line: telegraph line; wheth.
er wireless or otherwise; express
line. dining car. sleeping car. oil car
lrefrigerating car, or cars for AMI
other purpose operating upon rail
roads In this State: steamboat. mo
tor boat. steamship, ferry, barge
and tug. or other water craft. wher,
operated for hire. canal for trans
portation or irrigation. and pipe lin
for oil or gas. When the electri
Hight and power business conducte,
In conjunction with any street rail
3road can be practically severed iron
the street railroad business for pur
poses of assessment then such sever
ence shall be made by the Tax Gem
Mission and such electric light an
over business shall not be / sourc
of State revenue.
I'd. All banks, State ana Natien
al, including savings banks, trus
banks and trust companies, and al
priyate bankers. whether individu
als or partnerships, save that tn
real estate Of all banks and banker
shall be locally assessed and taxed
The assessments Of the real estat
banks and bankers shall be eaual
lied annually by the Tax Commissio
}. 10 the basis established and in yoxu
n each locality where such real q
i tate is located.
4th. All insurance companies II
}! Guiding bonding and surety compar
d LEI, foreign and domestic. and. !
rersons and partnerships engaged /
e lhsiIing persons or property. -,
y that all the real estate ari corpore:
J. property Of such companies persoI
8 O: partnerships shall be locally 4,
o ssssed and taxed.
9Th. All sugar refineries. Ri
Il mills. cotton seed oil mills. cotto
; seed oil refneries and refineries
: petroleum and its products. A "a,