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Legislative action that proposed this amendment: HJR8 1929 Regular Session

Disposition: This amendment was not presented to voters for ratification.

Amends article 13 section 7

[This proposed amendment from the 1929 Regular Session never appeared before voters for ratification, since it was superceded by HJR10 in a 1930 Special Session.]

13:7

The rate of taxation on property for State purposes shall not exceed one each dollar of valuation two and four-tenths mills for general State purposes, two-tenths of one mill for high school purposes, which shall constitute the high school fund and said fund shall be appropriated in the manner the legislature may provide, to the school districts maintaining high schools, and such levy for district school purposes which together with the interest on the permanent school fund will raise annually an amount which equals $25.00 for each person of school age in the State as shown by the last preceding school census; the same to be distributed among the high school districts according to the last preceding school census; and in addition an equalization fund which when added to other revenues provided for this purpose by the legislature shall be $5.00 for each person of school age as shown by the last preceding school census; said equalization fund shall be apportioned in the manner the legislature may provide to the school districts, unless a proportion to increase such rate or rates, specifying the rate or rates proposed and the time during which the same shall be levied, be first submitted to a vote of such of the qualified electors of the state, as in the next year preceding such election, shall have paid a property tax assessed to them within the State, and the majority of those voting thereon shall vote in favor thereof, in such manner as may be provided by law.