The Sauk Centre herald., 1928-10-18

AuuTcSScu "
Mike HOLM
, Secretary of State.
STATE OF MINNESOTA,
LEGAL DEPARTMENT,
G. A. YoUNGQUIsT,
= Attorney General.
ct. Paul. Minnesota. April 80, 1873
HONORABLE MIKE HOLM,
Secretary Of State:
In compliance with the provision!
Of section 46, General Statutes 1923
] furnish you herewith q statement o
the purpose and effect of proposed
amendments to the Constitution o
the State of Minnesota which are t
be submitted to the electors OF tn.
state at the general election In 1928
IN accordance with certain act
session thereof.
PROPOSED AMENDMENT NO. 1
By the adoption Of chapter 445
Laws 1927, the legislature has pro
posed an amendment tq section sr
AiSic y Va lAC ANS bCS
tion now reads as follows: -..
f< For the purpose Of defraying
] extraordinary expenditures, the
state may contract public debts,
but such debts shall never, In the
aggregate, exceed two hundred
. and fifty thousand dollars; every
: such debt shall be authorized by
distinctly specified therein; and
no such law shall take effect until
1t shall have been passed by the
: vote of two-thirds Of the mem-
bers Of each branch of the legis.
lature, to be recorded by yeas and
nays on the journals Of each house
respectively; and every such law
shall levy tax annually suffi;
Gent to pay the annual interest
of such debt. and also a tax suf-
, flcient to pay the principal Of such
debt within ten years from the
final passage of such law, and
shall specially appropriate the
, proceeds of such taxes to the
. payment of such principal and in
taxes shall not be repealed, post
poned, or diminished. until the
principal and interest Of such debt
shall have been wholly PAID. The
state shall never contract any
: debts for works Of internal i'm.
provements, or be party in car
rying on such works. except AZ
ticle ., and by Article 1s Of this
Constitution; but 1t may levy an
excise tax upon any substance.
material, fluid force or other
means or instrumentality, or the
business of dealing in, sellipgrpr
producing any or all thereof, Gsed
or % useful. In producing or gener-
or other vehicles used Oh ths % pnbs
lie highways Of this state, and
shall place the proceeds Of such
tax In the Trunk Highway Fund
provided for in section of said
Article 18, and further except in
-yase. where grants Of land &
other properly ::ssssiii nave been
pade TO the state; Especially de:
qicated by tine grant to specific
purposes. and In such cases fbs-,
, state shall devote thereto the
pledgs or appropriate, the feve.
fues derived from such works in
aid of their completion, - - -
II amended as proposed this section
VII read as follows:
r dseetlon B. For the purpose of
r defraying extraordinary expendi-
lures, the state may contract pub.
lie debts, but such debts shall
never, in the aggregate. exceed
two hundred and fifty thousand
dollars; every such debt shall be
authorized by law, for some single
object, to be distinctly specified
therein; and no such law shall
take effect until it shall have been
4 passed by the vote of two-thirds
of the members of each branch
| Of the legislature, to be recorded
\ 49, - he 10
/ of each house respectively; and
every such law shall levy a tax
annually sufficient to pay the an
nual interest of such debt, and
also a tax sufficient to pay the
principal of such debt within ten
1; years from the final passage Of
II such law. and shall specially ap-
n propriate the proceeds of such
taxes to the payment of such
/ principal and interest; and such
appropriation and taxes shall not
be repealed, postponed, or dimin-
tshed, until the principal and in.
terest of such debt shall have been
wholly paid. The state shall
never contract any debts for
or be a party in carrying on such
works, except as authorized by
I section 16 of article 8, and by Ar
| ticle 16 Of this Constitution, but
1 1T may levy an excise tax upon
any substance, material, fluid,
force or other means or fnstru-
mentality, or the business OF deal
ing my selling or producing any
I or all thereof, used or useful, In
producing or generating power for
4 propelling motor or other vehicles
I used on the public highways of
I this state. and shall place tWo..
| thIrds Of the proceeds Of such tax
/ IN the Trunk Highway Fund pro-
I Vided for in section 2 Of said Ar.
\ ticle 16, and one third thereof In
| the state road and bridge fund,
| and further except in cases where
1 grants of land or other property
SHAH have been made to the state,
especially dedicated by the grant
cases the state shall devote there
1 20 the avails of such grants, and
may pledge or appropriate the
revenues derived from such works
In aid of their completion"
Shs Purpose Of the Proposed Amen'
. ment:
The entire proceeds Of the Gas
rIne tax are now placed In the truI
highway fund for use on the trui
highway system, The purpose Of d
proposed amendment 10 90 place tW
Hbirds Of the proceeds of such q
N the trunk highway fund and on
third IN the state road and brid
fund.
Tbs Effect Of the Proposed Amen