The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1932-10-13
STATE OF MINNESOTA.
LEGAL DEPARTMENT.
HENRY N. BENSON.
Attorney General.

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 Is. herewith
transmit a statement of the purpose
and effect Of the proposed amendment
to the constitution of the state o
Minnesota which are to be submitte,
general election. In accordance will
certain acts adopted by the Legislature
at the 1881 session thereof.
PROPOSED AMENDMENT NO. I
BY the adoption of Laws 1881, chap
ter 420, the legislature has proposed
an amendment to article 8. section
of the constitution, relating to taxa
ton. This section now reads as fol
lows:
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 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
churches, church property and
houses of worship. institutions Of
purely public charity, and public
public purpose. shall be exempt
from taxation. and there may be
exempted from taxation personal
property not exceeding in value
ual or head Of family. as the
legislature may determines: 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 cash valuation. and pro-
vided 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"
If amended as proposed, this sector
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 be levied
and collected for public purposes,
but public burying grounds. pub
lie school houses. public hospitals,
and all Summaries OF learning, all
churches, church property and
houses OF worship, institutions OF
purely 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 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-
national banking associations con-
form to the laws of the United
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 classified,
and which taxes may be graduated
and progressive. cad the legisla-
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 real
or personal property as the iegis-
lature may determine. 1t shall not
be necessary to submit to vote
of the people any law imposing a
tax upon the income, franchises
or privileges OF railroad COM
panies. Any and al provisions of
the constitution OF this State in
consistent herewith are hereby re-
peaIed. Provided, that the legis-
lature may authorize municipal
corporations to levy and collect
assessments Tor local improvements
upon property benefited thereby
without regard TO a cash valua-
ton, and provided further, that
nothing herein contained shall be
construed to affect, modify or re-
peal any existing law providing
for the taxation o. the gross earn
ings of railroads.
The Purpose of the Proposed Amendment
The proucsed amendment is Intended
hrst. to give the legislature specific au
thorIty TO enact such laws Respecting
the taxation Of national banking asso.
Citations as will conform r. the laws o.
the United States. TIE laws of the
United States at present provide in sub
stance that the states may tax tn,
shares of a national banking associa
fion, provided ti,at tte rate OF tax or
such shares shall net be greater than |:
assessed upon other elcneyed capital IN
the hands of individual citizens OF sucf
state coming in competition with the
huc NJ &,