St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-10-05
sontativos.
Annroyed August ~. 1917.
L. y. HALL.
governor Of the State OF Louisians.
A true copy. -.
ALVIN 4. HEBERT.
Secretary Of State.
ACT NO. II.

House Bill NO. 3. Oy MA.
Joint resolution submitting 70 the
ueople Of Louisiana IN amendment
remodeling the States system OF A.
sessment and taxation.
Section l. Be 1t resolved By the
General Assembly Of the State OF
Louisiana, two-thirds Of all the mem
bers elected to each house concurr.
ing. That the following amendment
to the Constitution OF the STATE q
Louisiana be and the same Il hereby
submitted to the qualified electors Of
the State at tho Congressional cleo
ton to be held on the flrst Tuesday
after the first Monday in the month
of November, 1912. to-wit: -.
ARTICLE l.
/. The taxing power shall be e.
ercised by the State and by IL SUD-
divisions for public purposes only.
2. The taxing power shall never
be surrendered, suspended. given,
committed or contracted away; but
where parishes or municipal corpor-
ations 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 as = homestead. such ex-
eniptions shall not be, Withdrawn
either as to enterprises established
or substantially begun in good faith.
or as 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 Al
sembly on behalf of the State. and
the governing authorities OF all sub
divisions Of the State on behalf Of
such subdivision, may defer for not
more than three years the collection
Of taxes in localities sub1ecteds to !
overflow or other public calamity.
8. The General Assembly shall
fhave the power to classify all prop
erty for taxation. and to adopt DIFF.
| ferent rules and rates for different
Glasses, 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 lew.
| ink tar. All such classiflcations shall
b based on the characteristics o.
the property itself or It's use, and
never on persons or ownership.
| 4. Except in case Of foreign In.
vasion or domestic revolution. the
General Assembly shall not have
Ihave power to levy any id valOreln
property tax in excess OF four per
cent, but the General Assembly shall
not exceed q rate of two and one-hAlf
per cent. except by q vote Of Us
LOT all the members elected to each
Ihouse thereof.
ARTICLE II. .s@s.
/. : The sources Of State and local
revenue shall be segregated and, ex-
lcept as hereinafter specified. or as
may be hereafter permitted bf .
vote Of two-thirds OF all the menlbc s
ielected to each House Of tho Genera
Assembly. each taxing authority
lshall be restricted in taxation " us
iown sources of revenue - herein
assigned. X
g. Until otherwise provided by &
vote of two-thirds of all Of the nier:.
beEs elected to each House II thu
General Assembly, the fellow !ns
ist. The special taxes herein
after provided for.
Il I'd. All corro atoms. private per-
: SONS and unincorporated associations
Il that operate any railroad falling lin
der the Jurisdiction of the Railroad
: Commission Of Louisiana: street rail-
road; combined street railroad AMI
J Electric light an; POWER business;
1 heating or fefr.s atom plant, lnot
, inclusive Of cold storage plant) !; tel
E lephone line; telegraph line; wheth.
\ Ter wireless or Otherwise: express
d line. dining car. sleeping car, Uii car
I lrefrigerating cal, II cars for any
I Iother purpose operating upon rail.
: Iroads in this State; steamboat, mo.
6 tor boat, steamship, ferry, baage
Il and tug. or other water craft, where
operated for hire, canal for trans.
lportation or irrigation, and pipe line
& for oil or gas. When the electric
- light and power business conducted
9 In conjunction with any street rail
s 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
iission and such electric light an
over business shall not be sourt,
of State revenue.
Sd. All banks, State and Nation
al, including savings banks, trus
banks and trust companies, and a
private bankers, whether lndividu
ais or partnerships, save that tn,
real estate OF all banks and banker
snail be locally assessed and taxed
The assessments Of the real estat
banks and bankers shall be equal
lied annually by the Tax Commissic
e. TO the basis established and In yoxu
n In each locality where such real ea
If tate 10 located.
& 4th. All insurance companies II
IF Guiding bonding and surety compar
ID les, foreign and domestic. and Il
PERSONS and partnerships engagedi
le tnslIing persons or property. say
Of that all the real estate arl eorpcre;
IL property Of such companies persor
g 10: partnerships shall be locally 1,
to ssssed and taxed.
b 9Th. All sugar rofineries. RI
Of mills, cotton seed oil mills, cotto
e. seed oil rehneries and reiineries ,
C. petroleum and its products. A ~,
ny q: refinery Oh hereby defined to %
tn concern that buys and reiines RI
sugar exclusively, or Z concern TIL
Ill buys and refnes more raw SUE,
n than the aggregate Of the sugar pr
er duced by It from cane grown n
purchased by It.
ID, 9Th. All mines Of sulphur. n
be Or other minerals, ali oil or xae veI
nt- Ill stone Quarries, sand. gravel 4,
ro- shell pits.
r. a.