Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1929-10-03

Be it resolaed by the General assembly OF the
state Of ONO, three tfths OF the members
elected to each house concurring therein;
That there shall be submitted the electors
OF the state, tor their appoval or rejection, at
the election to be held the first Tuesday
after the first Monday IN November, 1929.
proposal to amend section Of article XII
and to repeal section Of article XII Of the
constitution Of the state Of Ohio; said section
Of article XII, when amended, to read as fol-
ARTICLE XII.
Sec. , No property, taxed according to value,
shall be taxed in excess Of one and onehalf
per cent of its true value in money for all state
and local purposes, but laws may be passed
authorizing additional taxes to be levied outside
OF such limitation, either when approved by at
least majority Of the electors OF the taxing
district voting on such proposition, or when
provided for by the charter Of municipal cor
poration. Land and improvements thereon shall
be taxed by uniform rule according to value.
All bonds outstanding the first day Of Jam
uary, 1918, OF the state of Ohio of any city,
village, hamlet county or township in this state.
or which have been issued in behalf Of the public
schools Of Ohio and the means Of instruction in
connection herewith, which bonds were out
standing the first day of January, 1913 and
all bonds issued for the world war compensation
fund, shall be exempt from taxation, and, with
out limiting the general power, subject to the
provisions OF article | Of this constitution, TO
determine the subjects and methods Of taxation
or exemptions therefrom, general laws may be
passed to exempt burying grounds, public school
houses, houses used exclusively for public wor
purposes, and public property used exclusively
for any public purpose, but all such laws shall be
subject to alteration repeal; and the value OF
all property so exempted shall from time to time
be ascertained and published as may be directed
by law.
SCHEDULE
If the votes for the proposal shall exceed those
against It, the amendment shall go into effect
January l, 1881, and original sections and 3
OF article XII OF the constitution Of the state OF
Ohio shall be repealed and annulled; but all
levies for. interest and sinking fund retire
ment OF bonds issued, or authorized prior to
said date which not subject to the statutory
limitation of fifteen mills the aggregate rate
of taxation then in force, and all tax levies
provided tor by the conservancy act of Ohio and
the sanitary district act of Ohio as said laws
are in force on said date. for the purposes OF
conservancy districts and sanitary districts
ganized prior to said date, and all tax leyies
for other purposes authorized by the General
Assembly prior to said date or by vote of the
electors of any political subdivision of the
state, pursuant to laws in force on said date, to
be made outside said statutory limitation for
and during period of years extending beyond
municipal corporation pursuant to laws IN torce
said date, shall not be subject to the limita-
sion of fifteen mills established by said amend
ment; and levies for interest and sinking fund
or retirement of bonds issued authorized prior
to said date, shall be outside Of said limitation
in the amount of taxable property available for
such levies, the rate imposed upon such
property effected by laws thereafter passed.
Be it further reS0l7ed. That at the election,
above referred to, the ballots to be used for the
submission Of this amendment shall set forth
posed to be amended and the schedule thereof.
Adonted March 1920