The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-10-20
Proposed
Amendments
Constitution
State of Minnesota
To be submitted at 1892 General
Election
STATE OF MINNESOTA.
LEGAL DEPARTMENT.


Election
STATE OF MINNESOTA,
LEGAL DEPARTMENT.
HON. MIKE HOLM,
Secretary OF State.
Pursuant to Mason's Minnesot
Statutes Of 1927, section 46, I here
with transmit a statement OF tn
purposes and effect of the propose
amendments to the constitution o
the state OF Minnesota which ar
to be submitted to the electors o
the state at the 1882 general cleo
ton, in accordance with certain
acts adopted by the legislature a
the 1881 session thereof.
PROPOSED AMENDMENT NO. I
BY the adoption of Laws 1881
chapter 420, the legislature has pro
posed an amendment to article 8
section l, of the constitution, relat
ing to taxation. This section nov
reads as follows:
"The power Of taxation shall
never be surrendered, suspend
ed or contracted away. Taxes
shall be uniform upon the same
class of subjects. and shall be
levied and collected for public
grounds, public school houses,
public hospitals, academies. col
leges, universities, and all SEM
fnaries of learning, all church,
es, church property and houses
of worship, institutions of pure
ly public charity, and public
property used exclusively for
any public purpose, shall be
exempt from taxation. and
there may be exempted from
taxation personal property not
each household, individual or
head of a family. as the legis-
lature may determines: Pro-
vided, that the legislature may
authorize municipal corpora
lions to levy and collect as
sessments for local improve
ments upon property benefited
thereby without regard to q
cash valuation. and provided
further, that nothing herein
contained shall be construed to
existing law providing for the
taxation of the gross earnings
of railroads"
II amended as proposed, this ses
tion will read as follows:
''The. power Of taxation shall
never be surrendered, suspend
ed or contracted away. Taxes
shall be uniform upon the same
class Of subjects, and shall be
levied and collected for public
purposes, but public burying
grounds, public school houses,
public hospitals, academies,
colleges. universities. and all
seminaries of learning, all
81 tfrn rtu nd
houses of worship, institutions
of purely public charity, and
public property used exclusive
ly for any public purpose, shall
be exempt from taxation, and
there may be exempted from
taxation personal property not
exceeding in value 5000. for
each household, individual or
head of the family, as the legis-
lature may determine. The leg
fslature may enact any law re-
national banking associations
conform to the laws of the Uni
ted States. Taxes may be i'm
posed upon incomes and on
franchises and privileges meas
ured by income, including in
come, franchises and privileges
OF railroad companies, which
may be classified. and which
taxes may be graduated and
progressive, and the legislature
may prescribe reasonable ex-
be in lieu, in whole or in part,
of taxes on any class or classes
OF real or personal property as
the legislature may determine.
1t shall not be necessary to
submit to vote of the people
any law imposing a tax upon
the income, franchises or privi-
1eges of railroad companies.
Any and all provisions of the
constitution of this State in
consistent herewith are here
legislature may authorize NUM-
cipal corporations to levy and
collect assessments for local
improvements upon propoSSy
benefited thereby without re-
gard to a cash valuation, and
provided further, that nothing
herein contained shall be con-
strued to affect, modify or re-
peal any existing law provid-
ing for the taxation of the
gross earnings of railroads."
The Purpose Of the Proposed Amend
The proposed smendmen. I, intend.
ed, first, to give the legislature spe.
eIfie authority to enact such laws re.
speetins the taxation Of national
banking associations as will con.
form to the laws Of the United States
The laws Of the United States at pre-.
sent provide in substance that the
states may tax the shares Of a ma
flonai banking association provided
that the rate Of tax on such shares
shall not be greater than Is assessed
upon other moneyed capital In the
hands OF individual citizens Of such
state coming In competition with the
business Of national banks. At pre-.
sent the laws Of Minnesota provide
that shares Of such a banking asso-
citation shall be assessed at thirty
three and one-third per cent (33 1891
OF their true and full value. Moneys
and credits and mortgages upon and
contracts for the sale OF
real estate are taxed In this state Al
Q lower rate. The supreme court OF
the United States has held that the
national banking association Is lnva :
LID because these shares are taxed
at higher rate than moneys and
credits and mortgages on and exc
cutory contracts for the sale Of real
estate. Under the proposed amend.
ment IL Is Intended to give the Ieqis.
lature the power to enact laws for
the taxation of national banks that
shall be In harmony with the federal
statutes on that subject, even though
such laws might offend other provi.
sions OF the state constitution.
The remainder Of the new matter
which would be placed In said Sec
tlon by the proposed amendment ID
intended 80 L. -.
nc authority to enact laws providing
for tax on incomes, and on fran
chlses and privileges measured by In.
come, including income, franchises
and privileges OF railroad companies
lt Is proposed that all incomes may
be classified and that taxes may be
graduated and progressive; that 10 e
say, the rates may be different on
incomes Of different sizes. 1t Is In
tended that the legislature shall have
power to allow reasonable exemp.
lions from such taxes and to pro,
vide that such income taxes may be
In lieu, either In whole or In part, OF
taxes on such other classes Of rea
or personal property as 1t may deter.
mine. 1t Is proposed that any Law
imposing a tax upon the Income
franchises and privileges Of railroad
companies need not be submitted e
a vote of the people, as now provided
by article q, section a2a OF the con.
stitution.
The Effect Of the Proposed Amend
ment
The proposed amendment, II adopt.
ed, will have the following effect;
Norfhuaef Aehlav