59-12-2207 - Commission authority to retain a percentage of revenues collected from a sales and use tax under this part -- Deposit of revenues into the Sales and Use Tax Administrative Fees Account -- - Utah Statutes

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Statutes > Utah > Title-59 > Chapter-12 > 59-12-2207

59-12-2207. Commission authority to retain a percentage of revenues collectedfrom a sales and use tax under this part -- Deposit of revenues into the Sales and Use TaxAdministrative Fees Account -- Expenditure of revenues.
(1) The commission may retain a percentage of revenues collected from a sales and usetax under this part of not to exceed the lesser of:
(a) 1.50%; or
(b) a percentage of revenues collected from a sales and use tax under this part sufficientto cover the cost to the commission of administering this part.
(2) The commission shall:
(a) deposit any revenues the commission retains under Subsection (1) into the Sales andUse Tax Administrative Fees Account; and
(b) expend the revenues described in Subsection (2)(a) as provided in Subsection59-12-206(2).

Enacted by Chapter 263, 2010 General Session

State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-12 > 59-12-2207

59-12-2207. Commission authority to retain a percentage of revenues collectedfrom a sales and use tax under this part -- Deposit of revenues into the Sales and Use TaxAdministrative Fees Account -- Expenditure of revenues.
(1) The commission may retain a percentage of revenues collected from a sales and usetax under this part of not to exceed the lesser of:
(a) 1.50%; or
(b) a percentage of revenues collected from a sales and use tax under this part sufficientto cover the cost to the commission of administering this part.
(2) The commission shall:
(a) deposit any revenues the commission retains under Subsection (1) into the Sales andUse Tax Administrative Fees Account; and
(b) expend the revenues described in Subsection (2)(a) as provided in Subsection59-12-206(2).

Enacted by Chapter 263, 2010 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-12 > 59-12-2207

59-12-2207. Commission authority to retain a percentage of revenues collectedfrom a sales and use tax under this part -- Deposit of revenues into the Sales and Use TaxAdministrative Fees Account -- Expenditure of revenues.
(1) The commission may retain a percentage of revenues collected from a sales and usetax under this part of not to exceed the lesser of:
(a) 1.50%; or
(b) a percentage of revenues collected from a sales and use tax under this part sufficientto cover the cost to the commission of administering this part.
(2) The commission shall:
(a) deposit any revenues the commission retains under Subsection (1) into the Sales andUse Tax Administrative Fees Account; and
(b) expend the revenues described in Subsection (2)(a) as provided in Subsection59-12-206(2).

Enacted by Chapter 263, 2010 General Session