(A) On or before the effective date hereof, the city shall contract with the State Tax Commission to perform all functions incident to the administration and collection of the municipal energy sales and use tax, in accordance with this chapter. This contract may be a supplement to the existing contract with the Commission to administer and collect the local sales and use tax. The Mayor, with the approval of the City Council, as applicable, is hereby authorized to enter supplementary, as applicable, agreements with the State Tax Commission that may be necessary to the continued administration and operation of the municipal energy sales and use tax ordinance enacted by this chapter.
(B) An energy supplier shall pay the municipal energy sales and use tax revenues collected from consumers directly to the city monthly, if:
(1) The city is the energy supplier; or
(2) (a) The energy supplier estimates that the municipal energy sales and use tax collected annually from its Utah consumers equals $1,000,000 or more; and
(b) The energy supplier collects the municipal energy sales and use tax.
(C) An energy supplier paying the municipal energy sales and use tax directly to the city may deduct any contractual franchise fees collected by the energy supplier qualifying as a credit and remit the net tax less any amount the energy supplier retains as authorized by UCA § 10-1-307.
(Prior Code, § 3-3A-6)