Article IX § 6

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills minus the number of mills allocated for local school district operating purposes in 1992 on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for school districts therein, the aggregate of which shall not exceed 18 mills minus the number of mills allocated for local school district operating purposes in 1992 on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. Mills shall not be allocated to local school districts after 1992 for local school district operating purposes, as defined by law. These limitations may be increased to an aggregate of not to exceed 40 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question.

Beginning in the 1993 calendar year, a local school district shall levy an ad valorem property tax for local school district operating purposes only as provided in this section. A local school district may uniformly levy 18 mills without approval of the qualified electors. As provided and limited by law, each local school district may levy up to an additional 9 mills for school operating purposes in excess of the 18 mills. For each year after 1993, a local school district shall hold not more than 2 elections in a calendar year concerning an additional millage allowed under this paragraph, regardless of the number of questions presented at the election. A local school district shall not levy more than 27 mills for operating purposes. Mills levied under this paragraph shall be included in the 40 mill limitation and are subject to the requirements of Section 31 of this Article.

The legislature shall appropriate and distribute to authorities established under law with the power to approve a tax increment financing plan, sufficient money annually to assure that the reduction in tax increment revenues caused by the reduction in property tax rates imposed by this Article in 1993 and thereafter from property tax rates levied in 1992 will not result in revenues that are insufficient to repay any advance made by a municipality before April 15, 1993 to those authorities or to pay obligations issued or incurred by or on behalf of those authorities before October 1, 1993, if the tax increment financing plan including the project for which the obligations are incurred was approved by the municipality in accordance with law before July 1, 1993.

This section shall not preclude the capture and use pursuant to a tax increment financing plan of revenue derived from the property tax levies of a local school district or the allocation of those revenues by the legislature.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of Section 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more countries, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

Proposal A also amends art 4, § 41; art 9, §§ 3, 8, 10, & 11

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills minus the number of mills allocated for local school district operating purposes in 1992 on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for school districts therein, the aggregate of which shall not exceed 18 mills minus the number of mills allocated for local school district operating purposes in 1992 on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. Mills shall not be allocated to local school districts after 1992 for local school district operating purposes, as defined by law. These limitations may be increased to an aggregate of not to exceed 50 40 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question.

Beginning in the 1993 calendar year, a local school district shall levy an ad valorem property tax for local school district operating purposes only as provided in this section. A local school district may uniformly levy 18 mills without approval of the qualified electors. As provided and limited by law, each local school district may levy up to an additional 9 mills for school operating purposes in excess of the 18 mills. For each year after 1993, a local school district shall hold not more than 2 elections in a calendar year concerning an additional millage allowed under this paragraph, regardless of the number of questions presented at the election. A local school district shall not levy more than 27 mills for operating purposes. Mills levied under this paragraph shall be included in the 40 mill limitation and are subject to the requirements of Section 31 of this Article.

The legislature shall appropriate and distribute to authorities established under law with the power to approve a tax increment financing plan, sufficient money annually to assure that the reduction in tax increment revenues caused by the reduction in property tax rates imposed by this Article in 1993 and thereafter from property tax rates levied in 1992 will not result in revenues that are insufficient to repay any advance made by a municipality before April 15, 1993 to those authorities or to pay obligations issued or incurred by or on behalf of those authorities before October 1, 1993, if the tax increment financing plan including the project for which the obligations are incurred was approved by the municipality in accordance with law before July 1, 1993.

This section shall not preclude the capture and use pursuant to a tax increment financing plan of revenue derived from the property tax levies of a local school district or the allocation of those revenues by the legislature.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of Section 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more counties countries, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

Proposal A also amends art 4, § 41; art 9, §§ 3, 8, 10, & 11

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes, other than school operating millages, imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills minus the number of mills allocated for local school district operating purposes in 1989 on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for intermediate school districts therein, the aggregate of which shall not exceed 18 mills minus the number of mills allocated for local school district operating purposes in 1989 on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. These limitations may be increased to an aggregate of not to exceed 50 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under section 6 of article II of this constitution, voting on the question. The state property tax millage established in section 3 of this article is not included in calculating the 15-mill or 18-mill limitation but is included in calculating the 50-mill limitation. The number of mills included in the calculation of the 50-mill limitation for business property and nonbusiness property includes the greater of the number of mills levied on that property by the state and the local school district for school operating purposes in the current year or in the 1989 calendar year.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of section 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more counties, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

Proposal B also amends art 4, § 41; art 9, §§ 3, 5, 8, 10, 11, 14, & 36

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes, other than school operating millages, imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills minus the number of mills allocated for local school district operating purposes in 1989 on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for intermediate school districts therein, the aggregate of which shall not exceed 18 mills minus the number of mills allocated for local school district operating purposes in 1989 on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. These limitations may be increased to an aggregate of not to exceed 50 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under section 6 of article II of this constitution, voting on the question. The state property tax millage established in section 3 of this article is not included in calculating the 15-mill or 18-mill limitation but is included in calculating the 50-mill limitation. The number of mills included in the calculation of the 50-mill limitation for business property and nonbusiness property includes the greater of the number of mills levied on that property by the state and the local school district for school operating purposes in the current year or in the 1989 calendar year.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of section 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more counties, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

Proposal B also amends art 4, § 41; art 9, §§ 3, 5, 8, 10, 11, 14, & 36

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 13 mills on each dollar of the state-equalized valuation of property nor shall it exceed the following limitations: seven mills for the county, two mills for the township, one mill for the community college, one and one-half mills for special education, one mill for vocational education and one-half mill for intermediate school districts. Revenues shall be used for purposes defined by law. A county shall not levy any mills in excess of the amount of millage the county was authorized to levy on the date this amendment becomes effective unless the increase is approved by a majority of the electors voting on the question.

These limitations may be increased to an aggregate of not to exceed 24⁤1⁄2 mills on each dollar of valuation, subject to the following limitations: eight mills for the county, four mills for the township, two and one-half mills for the community college, and 10 mills for all other educational purposes, including special education, vocational education and intermediate school districts, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question. Millage rates authorized on the date this amendment becomes effective may be continued for the period authorized to the extent permitted by these limitations and provided by law.

Notwithstanding the foregoing limitations, general ad valorem taxes may be imposed by the legislature on all taxable property, except homesteads of the residential class and family-owned and operated farms of residents of this state of the agricultural class as defined by law, on a uniform statewide basis in an aggregate of not to exceed 30⁤1⁄2 mills for the support of public elementary and secondary school operational purposes.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of Sections 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

That portion of the state equalized value of the homestead of a retired person 65 years of age or over, that is not in excess of $25,000.00, shall be exempt from ad valorem property taxes. The amount of the exemption provided by this paragraph shall be adjusted annually pursuant to the increase or decrease in the Detroit Consumer Price Index—All Items or a similar index as determined by law. This exemption shall apply to a homestead held jointly with a spouse if one of the owners is 65 years of age or over. The legislature shall reimburse each year to the units of local government an amount equal to what the units would have received if the homesteads were not exempt from ad valorem taxation pursuant to this paragraph.

Proposal A also amends art 8, § 2; art 9, §§ 6a, 26a, & 31

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 13 mills on each dollar of the assessed state-equalized valuation of property as finally equalized nor shall it exceed the following limitations: seven mills for the county, two mills for the township, one mill for the community college, one and one-half mills for special education, one mill for vocational education and one-half mill for intermediate school districts. Revenues shall be used for purposes defined by law. A county shall not levy any mills in excess of the amount of millage the county was authorized to levy on the date this amendment becomes effective unless the increase is approved by a majority of the electors voting on the question. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for school districts therein, the aggregate of which shall not exceed 18 mills on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established.

These limitations may be increased to an aggregate of not to exceed 50 24⁤1⁄2 mills on each dollar of valuation, subject to the following limitations: eight mills for the county, four mills for the township, two and one-half mills for the community college, and 10 mills for all other educational purposes, including special education, vocational education and intermediate school districts, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question. Millage rates authorized on the date this amendment becomes effective may be continued for the period authorized to the extent permitted by these limitations and provided by law.

Notwithstanding the foregoing limitations, general ad valorem taxes may be imposed by the legislature on all taxable property, except homesteads of the residential class and family-owned and operated farms of residents of this state of the agricultural class as defined by law, on a uniform statewide basis in an aggregate of not to exceed 30⁤1⁄2 mills for the support of public elementary and secondary school operational purposes.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds approved by the electors or other evidences of indebtedness approved by the electors or for the payment of assessments or contract obligations in anticipation of which bonds are issued approved by the electors, which taxes may be imposed without limitation as to rate or amount; or, subject to the provisions of Section Sections 25 through 34 of this article, to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more counties, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

That portion of the state equalized value of the homestead of a retired person 65 years of age or over, that is not in excess of $25,000.00, shall be exempt from ad valorem property taxes. The amount of the exemption provided by this paragraph shall be adjusted annually pursuant to the increase or decrease in the Detroit Consumer Price Index—All Items or a similar index as determined by law. This exemption shall apply to a homestead held jointly with a spouse if one of the owners is 65 years of age or over. The legislature shall reimburse each year to the units of local government an amount equal to what the units would have received if the homesteads were not exempt from ad valorem taxation pursuant to this paragraph.

Proposal A also amends art 8, § 2; art 9, §§ 6a, 26a, & 31

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships therein, the aggregate of which shall not exceed 18 mills on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. These limitations may be increased to an aggregate of not to exceed 50 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question.

From and after January 1, 1979 the levy of general ad valorem taxes upon real and tangible personal property for general elementary and secondary public school operation, for intermediate school districts, vocational education and special education purposes, as defined by law, shall be prohibited.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds or other evidences of indebtedness or for the payment of assessments or contract obligations in anticipation of which bonds are issued, which taxes may be imposed without limitation as to rate or amount; or to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

The legislature shall establish a program of general state taxation and a method of distributing funds to support the attendance of students at the elementary or secondary state-approved school of their parent’s or guardian’s choice, and for the support of intermediate school districts, vocational education, special education and compensatory education purposes.

Proposal H also amends art 8, § 2

Except as otherwise provided in this constitution, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 mills on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for school districts therein, the aggregate of which shall not exceed 18 mills on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. These limitations may be increased to an aggregate of not to exceed 50 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question.

From and after January 1, 1979 the levy of general ad valorem taxes upon real and tangible personal property for general elementary and secondary public school operation, for intermediate school districts, vocational education and special education purposes, as defined by law, shall be prohibited.

The foregoing limitations shall not apply to taxes imposed for the payment of principal and interest on bonds or other evidences of indebtedness or for the payment of assessments or contract obligations in anticipation of which bonds are issued, which taxes may be imposed without limitation as to rate or amount; or to taxes imposed for any other purpose by any city, village, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law.

In any school district which extends into two or more counties, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

The legislature shall establish a program of general state taxation and a method of distributing funds to support the attendance of students at the elementary or secondary state-approved school of their parent’s or guardian’s choice, and for the support of intermediate school districts, vocational education, special education and compensatory education purposes.

Proposal H also amends art 8, § 2

Except as otherwise provided in this constitution, from and after January 1, 1973, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 26 mills on each dollar of the assessed valuation of property as finally equalized.

Except as otherwise provided in this Constitution, from and after January 1, 1973, and within the 26 mill limitation, (1) the levy of general ad valorem taxes for general elementary and secondary public school operation purposes, as defined by law, shall be prohibited, except that under procedures provided by law any school district may impose in any one year not to exceed 6 mills for elementary and secondary public school district program enrichment purposes, as defined and equalized by law, if approved by a vote of a majority of the qualified electors of the school district voting thereon; (2) the total amount of general ad valorem taxes imposed in any one year for all purposes by any taxing unit for intermediate school district, vocational education, special education and compensatory education purposes, as defined by law, shall not exceed 4⁤1⁄2 mills, as defined and equalized by law; (3) the total amount of general and ad valorem taxes imposed in any one year for all purposes by any county shall not exceed 8 mills and by any township shall not exceed 1⁤1⁄2 mills, as shall be provided by law; (4) any county or any township therein, under procedures provided by law which shall include provisions for the allocation thereof, may impose in any one year not to exceed 6 mills, in the aggregate, if approved by a majority vote of the qualified electors of such county or township voting thereon.

The foregoing limitation shall not apply to taxes imposed for the payment of principal and interest on bonds or other evidences of indebtedness or for the payment of assessments or contract obligations in anticipation of which bonds are issued, which taxes may be imposed without limitation as to rate or amount, but only at rates and in amounts sufficient to make such payments; or to taxes imposed for any other purpose by any city, village, community college district, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law; provided, however, no bonds or other evidences of indebtedness to pay operating expenses shall hereafter be issued which are payable from general ad valorem taxes imposed without limitation as to rate or amount except as provided by law.

The legislature shall establish a program of general state taxation and a method of distributing funds for the support of elementary and secondary public school districts to assure equal and quality educational opportunity for all students.

The legislature shall establish a method of distributing supplementary funds for intermediate school districts, vocational education, special education, and compensatory education purposes which shall take reasonable account of local or regional variations of the needed level of services and the cost thereof.

Except as otherwise provided in this constitution, from and after January 1, 1973, the total amount of general ad valorem taxes imposed upon real and tangible personal property for all purposes in any one year shall not exceed 15 26 mills on each dollar of the assessed valuation of property as finally equalized. Under procedures provided by law, which shall guarantee the right of initiative, separate tax limitations for any county and for the townships and for school districts therein, the aggregate of which shall not exceed 18 mills on each dollar of such valuation, may be adopted and thereafter altered by the vote of a majority of the qualified electors of such county voting thereon, in lieu of the limitation hereinbefore established. These limitations may be increased to an aggregate of not to exceed 50 mills on each dollar of valuation, for a period of not to exceed 20 years at any one time, if approved by a majority of the electors, qualified under Section 6 of Article II of this constitution, voting on the question.

Except as otherwise provided in this Constitution, from and after January 1, 1973, and within the 26 mill limitation, (1) the levy of general ad valorem taxes for general elementary and secondary public school operation purposes, as defined by law, shall be prohibited, except that under procedures provided by law any school district may impose in any one year not to exceed 6 mills for elementary and secondary public school district program enrichment purposes, as defined and equalized by law, if approved by a vote of a majority of the qualified electors of the school district voting thereon; (2) the total amount of general ad valorem taxes imposed in any one year for all purposes by any taxing unit for intermediate school district, vocational education, special education and compensatory education purposes, as defined by law, shall not exceed 4⁤1⁄2 mills, as defined and equalized by law; (3) the total amount of general and ad valorem taxes imposed in any one year for all purposes by any county shall not exceed 8 mills and by any township shall not exceed 1⁤1⁄2 mills, as shall be provided by law; (4) any county or any township therein, under procedures provided by law which shall include provisions for the allocation thereof, may impose in any one year not to exceed 6 mills, in the aggregate, if approved by a majority vote of the qualified electors of such county or township voting thereon.

The foregoing limitations limitation shall not apply to taxes imposed for the payment of principal and interest on bonds or other evidences of indebtedness or for the payment of assessments or contract obligations in anticipation of which bonds are issued, which taxes may be imposed without limitation as to rate or amount, but only at rates and in amounts sufficient to make such payments; or to taxes imposed for any other purpose by any city, village, community college district, charter county, charter township, charter authority or other authority, the tax limitations of which are provided by charter or by general law; provided, however, no bonds or other evidences of indebtedness to pay operating expenses shall hereafter be issued which are payable from general ad valorem taxes imposed without limitation as to rate or amount except as provided by law.

In any school district which extends into two or more counties, property taxes at the highest rate available in the county which contains the greatest part of the area of the district may be imposed and collected for school purposes throughout the district.

The legislature shall establish a program of general state taxation and a method of distributing funds for the support of elementary and secondary public school districts to assure equal and quality educational opportunity for all students.

The legislature shall establish a method of distributing supplementary funds for intermediate school districts, vocational education, special education, and compensatory education purposes which shall take reasonable account of local or regional variations of the needed level of services and the cost thereof.

The total amount of taxes assessed against property for all purposes in any 1 year shall not exceed 1⁤1⁄2 percent of the assessed valuation of said property, except taxes levied for the payment of interest and principal on obligations heretofore incurred, which sums shall be separately assessed in all cases: Provided, That for the purpose of the acquisition of real estate or erection of public buildings or public works, or making permanent extensions thereto or other capital improvements thereof, this limitation may be increased for a period of not to exceed 15 years at any 1 time to not more than a total of 3 percent of the assessed valuation by a majority vote of only such persons having the qualifications of electors, who have property assessed for taxes in any part of the assessing district to be affected by the result of such election, or the lawful husbands or wives of such persons: Provided further, That for all other purposes the limitation of 1⁤1⁄2 percent may be increased for a period of not to exceed 5 years at any 1 time, to not more than a total of 5 percent of the assessed valuation, by a 2⁄3 vote of the electors of any assessing district, or when provided for by the charter of a municipal corporation: Provided further, That this limitation shall not apply to taxes levied in the year 1932.

The total amount of taxes assessed against property for all purposes in any one 1 year shall not exceed one and one-half 1⁤1⁄2 per cent of the assessed valuation of said property, except taxes levied for the payment of interest and principal on obligations heretofore incurred, which sums shall be separately assessed in all cases: Provided, That for the purpose of the acquisition of real estate or erection of public buildings or public works, or making permanent extensions thereto or other capital improvements thereof, this limitation may be increased for a period of not to exceed 15 years at any 1 time to not more than a total of 3 percent of the assessed valuation by a majority vote of only such persons having the qualifications of electors, who have property assessed for taxes in any part of the assessing district to be affected by the result of such election, or the lawful husbands or wives of such persons: Provided further, That this for all other purposes the limitation of 1⁤1⁄2 percent may be increased for a period of not to exceed five 5 years at any one 1 time, to not more than a total of five 5 per cent of the assessed valuation, by a two-thirds 2⁄3 vote of the electors of any assessing district, or when provided for by the charter of a municipal corporation: Provided further, That this limitation shall not apply to taxes levied in the year 1932.

The total amount of taxes assessed against property for all purposes in any 1 year shall not exceed 1⁤1⁄2 per cent of the assessed valuation of said property, except taxes levied for the payment of interest and principal on obligations heretofore incurred, which sums shall be separately assessed in all cases: Provided, That this limitation may be increased for a period of not to exceed 5 years at any 1 time, to not more than a total of 5 per cent of the assessed valuation, by a two-thirds vote of the electors of any assessing district, or when provided for by the charter of a municipal corporation: Provided further, That this limitation shall not apply to taxes levied in the year 1932: Provided further, That this limitation shall not apply to the taxes levied in an amount not exceeding 1.2 per cent per year for the payment of the principal and of the interest on bonds issued by school districts for the purpose of defraying the cost of erecting, altering or improving buildings or making repairs thereto or purchasing a site therefor, maturing in not to exceed 15 years from date of issuance, when such bonds shall have been authorized by the legally required number of the qualified electors voting thereon.

The total amount of taxes assessed against property for all purposes in any one 1 year shall not exceed one and one-half 1⁤1⁄2 per cent of the assessed valuation of said property, except taxes levied for the payment of interest and principal on obligations heretofore incurred, which sums shall be separately assessed in all cases: Provided, That this limitation may be increased for a period of not to exceed five 5 years at any one 1 time, to not more than a total of five 5 per cent of the assessed valuation, by a two-thirds vote of the electors of any assessing district, or when provided for by the charter of a municipal corporation: Provided further, That this limitation shall not apply to taxes levied in the year 1932: Provided further, That this limitation shall not apply to the taxes levied in an amount not exceeding 1.2 per cent per year for the payment of the principal and of the interest on bonds issued by school districts for the purpose of defraying the cost of erecting, altering or improving buildings or making repairs thereto or purchasing a site therefor, maturing in not to exceed 15 years from date of issuance, when such bonds shall have been authorized by the legally required number of the qualified electors voting thereon.