A. An excise tax is hereby imposed on the storage, use or other consumption in this municipality of tangible personal property from any retailer or on or after the operative date of this chapter for storage, use or other consumption in the municipality at the rate of 58/64 percent of the sales price of the property.
B. Except as herein provided, and except insofar as they are inconsistent with the provisions with the local sales and use tax law of Utah, all of the provisions of Utah Code Annotated title 15, chapter 12, as amended, and in force and effect on the effective date hereof, applicable to the use taxes are hereby adopted and made part of this section as though fully set forth herein.
C. Wherever, and to the extent that in Utah Code Annotated title 59, chapter 12, the state of Utah is named or referred to as the "taxing agency", the name of Draper City shall be substituted therefor. Nothing in this subsection shall be deemed to require the substitution of the name of the municipality for the word "state" when that word is used as part of the title of the state tax commission, or of the constitution of Utah, nor shall the name of the municipality be substituted for that of the state in any section where the results of that substitution or that substitution would require action to be taken or against the municipality or any agency thereof, rather than by or against the state tax commission in performing the functions incident to the administration or operation of this chapter.
D. There shall be exempt from the tax due under this section:
1. The amount of any sales tax imposed by the state of Utah upon the retailer or consumer;
2. The storage, use or consumption of tangible personal property, the gross receipts from the sale of or the cost of which has been subject to sales or use tax under a sales or use tax ordinance enacted with the local sales and use tax of Utah by any other municipality and any county of the state. (Ord. 160, 12-5-1994)