Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1932-10-13
Proposed
Amendments
to the
Constitution
of the
State of Minnesota

Secretary of State
STATE OF MINNESOTA.
LEGAL DEPARTMENT.
HENRY N. BENSON.
Attorney General.
HON. MIKE HOLM.
Secretary Of State.
Pursuant to Mason's Minnesota Sta
tutes of 1927, section 40, herewItn
transmit q statement or the purposes
md effect of the proposed amenomshts
10 the constitution of the state ot
Minnesota which are to be submitted
to the electors of the state at the 1882
general election. in accordance WIN
certain acts adopted by the legislature
It the 1881 session Thereon.
PROPOSED AMENDMENT NO.
BY the adoption of Laws 1881, chap,
ter 420, the legislature mas proposeS
M amendment to article 8, section l.
of the constitution, relating TO TAXA
ton. This section now reads as toi-
lows:
1.-THE power of taxation shall
never be surrendered, suspended
or contracted away. Taxes shan
be uniform upon the same e!a lass
collected for public purposes, but
public burying grounds, pubic
school houses, public hospitals,
academies, colleges, universities;
and all seminaries Of learning, all
churches. church p r0pertiy nf
purely public charity, and public
property used exclusively for any
public purpose, shall be exempt
from taxation, and there may De
exempted from taxation personal
property not exceeding in value
5000. for each household, individ-
ual or head of family. as the
legislature may determine: Pro-
vided, that the Legislature may
authorize municipal corporations
to levy and collect assessments
for local improvements upon prop
erty benefited thereby without re-
gard to a cash valuation, and pro-
yfded further, that nothing here-
in contained shall be construed to
affect, modify or repeal any exist
ing law providing for the taxa
ton of the gross earnings OF rail-
roads"
II amended as proposed, this section
will read as follows:
1.-THE power of taxation shall
never be surrendered, suspended
or contracted away. Taxes shall
be uniform upon the same class
of subjects. and shall De leVieo
and collected for public purposes
Dut PUBIC UuEylu6 6Lou.ANS'
lie school houses, public hospitals
academies, colleges, universities;
and all seminaries of learning, all
churches, church property ana
houses Of worship, institutions OF
purely public charity. and puolic
public purpose, shall be exempt
from taxation, and there may be
exempted from taxation personal
property not exceeding in value
5000, for each household. indivi-
dual or head Of the family. as the
legislature may determine: The
legislature may enact any law re.
ouired to make the taxation OF
national banking associations con.
form to the laws OF the Unitea
States. Taxes may be imposed
upon incomes and on franchises
and privileges measured by. in
come, including income, franchises
and privileges OF railroad COM
panies, which may be classineo,
and which taxes may be graduated
and progressive, and the leglsia-
ture may prescribe reasonable
exemptions, and such taxes may
be in lieu, in whole or in part, OF
taxes on any class or classes OF reai
or personal property as the iegis.
lature may determine. 1t shall not
of the people any law imposing
tax upon the income, franchises
or privileges of railroad com.
panies. Any and all provisions OF
the constitution of this State In
consistent herewith are hereby re-
iature may authorize municipal
corporations to levy and collect
assessments for local improvements
upon property benefited thereby
without regard to cash valua.
ton, and provided turther, tnat
har I'm,
construed to affect. modify or re.
peal any existing law providing
for the taxation Of the gross earn
ings of railroads"
The Purpose of the Proposed Amendme
The proposed amendment Is intende
FIRST, to give the legislature specific a
thorIty to enact such laws res2ecti
the taxation Of national banking ass
Citations as will conform to the laws
the United States. The laws OF I
United States at present provide In su
shares Of national banking assoc
tion, provided that the rate OF tax
such shares shall not be greater tnan
assessed upon other moneyed caplta'
the hands Of individual citizens OF su
state coming In competition with
business Of national banks. At prese
the laws Of Minnesota provide Il
shares Of such a banking assoclat
shall be assessed at thirty three
one third per cent (33 1870 OF tn
true and full value. Moneys and cred
and mortgages upon and executory G.
tracts for the sale Of real estate
taxed In this state at lower rate.
supreme court Of the United States
held that the Minnesota plan OF tax
shares Of national banking assoe,a.
10 invalid because these shares are tai
at a higher rate than moneys
credits and mortgages on and execut
contracts for the sale OF real
tate. Under the proposed amendm
Il 10 Intended to give the legislature
power to enact laws for the taxation
national banks that shall be In harm
with the federal statutes on that .
Ieet, even though such laws might
fend other provisions OF the state
stltution.
The remainder Of the new mat
which would be placed In said sectio
by the proposed amendment 10 inten
90 give the legislature specific autho
70 enact laws providing for tax on
comes, and on franchises and pr
Ieoes measured by income, Including
come, franchises and privileges OF
road companies. II 10 proposed
all Incomes may be CLASSIFIED and
taxes may be graduated and progress
that 10 to say, the rates may be dli
emit on incomes Of different sizes.
Intended that the legislature shali :
power to allow reasonable exempt
from such taxes and to provide that .
Income taxes may be In lieu, either
whole or In part, OF taxes on such o.
glasses Of real or personaI property