Utah State Constitutional Convention 1895 (2020 Edition)

Proceedings and Debates of the Convention Assembled to Adopt a Constitution for the State of Utah

Committee on Revenue, Taxation, and Public Debt

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Session 7527: 1895-03-20 10:00:00

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Proposition on Public Indebtedness [File No. 123]

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Public Indebtedness

Sec-

No debt in excess of the revenue derived from the taxes of the preceding year shall in any manner be created by the state of Utah except to suppress insurrection or provide for the public defense, until the proposition to create such debt shall have been submitted to a vote of the citizens of the state and by these approved.

Sec- No Debt in excess of the amount of its receipt of taxes for the preceding year, shall in any manner be created by any county or any subdivision thereof in the state of Utah until the proposition to create such debt shall have been submitted to a vote of the citizens residing therein and by them approved.

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