The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1916-11-02
No. 3.
/RELATING TO REVENUE AND
FINANCE.
fits received

y JOINT RESOLUTION Proposing and
Agreeing to an Amendment TO Article
NI Of the Constitution Of the State OF
South Dakota, Relating to Revenue and
Vote of the People.
BE 1t Resolved by the House of Repre-
sentatiyes of the state OF South Da-
EOta, the senate ConCurring.
Section /. That at the next general
election to be held in the State Of South
Dakota, the following amendment TO
Article NJ of the Constitution of the state
Of south Dakota, which is hereby agreed
10, shall be submitted to the electors OF
this state for their approval.
That Article XI of the Constitution Of
the State of South Dakota be amended
so az TO read as follows:
Article XI.
Revenue ana Finance.
Section !. The legislature shaUl provide
for an annual tax, sufficient to dcfray
me estimated ordinary expenses OF the
state for each year, not to exceed i'm any
one year an average of two mills on the
total assessed valuation Of all taxable
property IN The state, TO be asCertained
by the last assessment made for state
Sec .. Taxes shall be levied and col
iectcd for public purposes only and shall
ne uniform upon all property of the same
class. and an taxes shall be levied and
collected by general law. The legislature
slaIl nave power to divide property into
classes and TO determine what class or
classes Of property shall be subject to
taxation. Taxes may be imposed on in
comes, privileges and occupations, which
taxes may be graduated and progressive,
ana reasonable exemptions may be pro-
Vided; franchises and licenses to do bust
ness IN the state, gross earnings and net
income may be considered in taxing per-
sons, firms, joint stock companies. asso-
cations. co-partnerships or corporations.
sec. 8. The power to tax corporations
and corporate property shall not be sur
rendered or suspended by any contract
or grant to which the state shall be a
Sec. 4 The property of the United
states and of the state, county and mu-
Ni'lial corporations, both real and per-
Sonal, shall be eXempt from taxation.
sec. .. The legislature shall, by gen.
,r"i law, exempt from taxation property
used exclusively for agricultural and hor-
ilcuitural societies, for school, religious,
c'e4eteLy and charitable purposes.
IN pursuance of a law which sha dis
tinctly state the object of the same, to
which the tax only shall be applied.
sec. All taxes LEVIED and collected
for state purposes shall be paid into the
STATE treasury. No Indebtedness shall be
incurred or money expended by the state,
ana no warrant shall be drawn upon the
appropriation for the specific purpose first
made The legislature shall provide by
suitable enactment for carrying this Sec
ton into effect.
Sec, s. The legislature may vest the
corporate authority Of cities, towns and
villages with power to make local i'm
proVements by special taxation of contig-
uous property or otherwise. For all cor
pofale purposes all municipal CORPORA
tons may be vested with authority TO
assess and collect taxes; but such tax
jects. sun
sec. 9. An accurate statement of the
receipts ana expenditures OF the public
money shall be published annually, in
SuCn manner as tha lalyi | ttra ,o,, -
vide. ' Po-