1987-12-07 Workshop Meeting and Called Regular Meeting

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e e .. ..... .. ( ( l J )POSED CONSTITUTIONAL AMENDMENTS SJ oR. 12__ (Sl Any official action to tax such ~ro~er~y may be :inded b official ac~ion of an of 'such above named 011 tical iivisions. In tha~ event, such ~ro~ertV loca~ed in such school dis~rict. or munici~alit shall be exemp~. m ~axa~ion in such above named ~olitical subdi~ision in each tax r beainnin thereafter and if the aovernin bod of' such above ~d ~olitical subdivision so ~rovides. in the ~ax year of such ~lT_ir.~_.e-Y.*.re~-~.x.~~eftl. ill '!he occ::upa~ion tax levied by any c::ounty, c::ity or town r any year on persons or corporations pursuing any profession or sinesS, shall not exceed one half of the tax levied by the State r the same period on such profession or business. SECTION 2. (a) The proposed constitutional amendments to ticle VIII. Section 1. subsectlons (d) and (e), shall be ~mitted to the voters in a separate ballot at an election to be lid on Novaaber 3. 1987. This ballot shall be printed to provide )r voting for or against the proposition: -'!he constitutional ~endrnent to allov the legislature to exempt from ad valorem axation certain personal property not held or used for the roduction of income.- (b) '!he proposed constitutional amendment contained in ~rticle VIII, Section 1, Subsections (a), (b). (cl. (f). (g), and :hl, shall be submitted to the voters in a separate ballot at an alection to be held on Nove~~er 3, 1987. '!his ballot shall be prin~.d to provide for voting for or against the proposition: -'!he constitutional amendment providing for the exemption froa ad valorem taxation of certain property that is loc::ated in the stat. for only a temporary period of time.~- Adopted by Senate on May 1, 1987: Yeas 27, Nays 2; May 30, 1987, Senate refused to concur in House amendments and requested appointment of Conference Committee; May 31, 1987, House granted request of Senate; June I, 1987, Senate adopted Conference Committee Report: Yeas 29, Nays I, one present not voting; adopted by the House, with amendment&. on May 28, 1987: Yeas 144, Naya I, one present not voting; May 31, 1987, House granted re- . quest of Senate for appointment of Conference Committee; June I, 1987, House adopted Conference Committee Report: Yeas 138, Naya 0, two preaent not voting. I Filed with the Secretary of State, June 2, 1987. . aler. Sess uW"S 'a7-U A-5 ~ . .. , ." . .' ~ ... .: ~~W~i~~,~~~'.. ".. " '.. 4 \.. '. ~