59-15-109. Commission to deposit beer tax revenue. (1)Except as provided in Subsections (2) and (3), the commission shall deposit revenue collected under this chapter as follows: (a)the greater of the following shall be deposited into the Alcoholic Beverage Enforcement and Treatment Restricted Account created in Section 32B-2-403: (i)an amount calculated by: (A)determining an amount equal to 50% of the revenue collected for the fiscal year two years preceding the fiscal year for which the deposit is made; and (B)subtracting $30,000 from the amount determined under Subsection (1)(a)(i)(A); or (ii)$4,350,000; and (b)the revenue collected in excess of the amount deposited in accordance with Subsection (1)(a) shall be deposited into the General Fund. (2)The commission shall annually deposit into the Alcoholic Beverage Enforcement and Treatment Restricted Account created in Section 32B-2-403 an amount equal to the amount of revenue generated in the current fiscal year by the portion of the tax imposed under Section 59-15-101 that is equal to: (a)$0.30 per 31-gallon barrel for beer imported or manufactured on or after July 1, 2003; and (b)a proportionate rate to the rate described in Subsection (2)(a) for: (i)any quantity of beer other than a 31-gallon barrel; or (ii)the fractional parts of a 31-gallon barrel. (3)Beginning fiscal year 2024-25, the commission shall annually deposit into the Alcoholic Beverage Control Act Enforcement Fund created in Section 32B-2-305 an amount equal to the amount of revenue generated in the current fiscal year by the portion of the tax imposed under Section 59-15-101 that exceeds: (a)$13.10 per 31-gallon barrel for beer imported or manufactured on or after July 1, 2024; and (b)a proportionate rate to the rate described in Subsection (3)(a) for: (i)any quantity of beer other than a 31-gallon barrel; or (ii)the fractional parts of a 31-gallon barrel. (4) (a)The commission shall notify the entities described in Subsection (4)(b) not later than the September 1 preceding the fiscal year of the deposit of: (i)the amount of the proceeds of the beer excise tax collected in accordance with this section for the fiscal year two years preceding the fiscal year of deposit; and (ii)an amount equal to 50% of the amount listed in Subsection (4)(a)(i). (b)The notification required by Subsection (4)(a) shall be sent to: (i)the Governor's Office of Planning and Budget; and (ii)the Legislative Fiscal Analyst.
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.