(A) On, or before, the effective date of this subchapter, 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, as provided in this subchapter. This contract may be a supplement to the existing contract with the Commission to administer and collect the local sales and use tax as provided in applicable to city ordinances. The Mayor is authorized to enter into supplementary 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 herein.
(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 state consumers equals $1,000,000 or more.
(b) The energy supplier collects the municipal energy sales and use tax.
(C) An energy supplier paying the municipal energy sales and use tax, as levied under this subchapter, 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 than any amount the energy supplier retains, as authorized by UCA § 10-1-307(4).
(Prior Code, § 4.04.060) (Ord. 14-98, passed 5-20-1998)