Utah Statutes

§ 10-1-302 — Purpose and intent.

Utah·Title 10 Utah Municipal Code·Ch. 10-1 General Provisions·Part 10-1-3 Municipal Energy Sales and Use Tax Act

The Legislature finds that:

(1)the energy industry has previously been highly regulated and monopolistic;
(2)municipalities have historically raised town or city, respectively, general fund revenues by collecting franchise and business license revenues from the energy industry;
(3)substantial restructuring of the energy industry has created an opportunity for increased competition within the energy industry;
(4)the restructuring of the energy industry has diminished the effectiveness and fairness of the revenues collected by municipalities;
(5)to provide for a stable revenue source for municipalities and to create a more competitive environment for the energy industry, it is necessary to enact taxing authority for municipalities that accomplishes those goals; and
(6)this part does no

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Legislative History

Amended by Chapter 176, 2014 General Session

Nearby Sections

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