§ 3. Annual tax; purposes; amount; tax laws; payment of taxes into state treasury
|Currency:||As amended through November 13, 2017|
The legislature shall provide by law for an annual tax sufficient, with other sources of revenue, to defray the necessary ordinary expenses of the state for each fiscal year. And for the purpose of paying the state debt, if there be any, the legislature shall provide for levying an annual tax sufficient to pay the annual interest and the principal of such debt within twenty-five years from the final pass...
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