Utah Code § 59-12-402.5 — Capital city revitalization sales and use tax -- Deadline -- Rate -- Collection fees -- Imposition

(1) As used in this section:
(a) "Local government" means a first class city located within a first class county.
(b) "Project area" means the same as that term is defined in Section 63N-23-801.
(2) The legislative body of the local government may impose a sales and use tax under this section if the legislative body, on or before December 31, 2024:
(a) complies with the requirements of Title 63N, Chapter 23, Part 8, Capital City Revitalization Zone;
(b) gives final approval to an application by giving final approval of a project zone and a participation agreement as provided in Section 63N-23-806; and
(c) imposes the tax according to the procedures and requirements of Section 63N-23-806.
(3)
(a) The tax rate may not exceed .5%.
(b) The tax imposed under this section may not be imposed for a period greater than 30 years, beginning on the date of the first imposition of the tax.
(4) Except as provided in Subsection (5), the local government shall impose a tax under this section on the transactions described in Subsection 59-12-103(1).
(5) A local government may not impose a tax under this section on:
(a) the sale of:
(i) a motor vehicle;
(ii) an aircraft;
(iii) a watercraft;
(iv) a modular home;
(v) a manufactured home; or
(vi) a mobile home;
(b) the sales and uses described in Section 59-12-104 to the extent the sales and uses are exempt from taxation under Section 59-12-104; and
(c) except as provided in Subsection (7), amounts paid or charged for food and food ingredients.
(6) For purposes of this section, the location of a transaction is determined in accordance with Sections 59-12-211 through 59-12-215.
(7) A local government that imposes a tax under this section shall impose the tax on the purchase price or the sales price for amounts paid or charged for food and food ingredients if the food and food ingredients are sold as part of a bundled transaction attributable to food and food ingredients and tangible personal property other than food and food ingredients.
(8) A local government may impose a tax under this section by majority vote of the members of the local government's legislative body in compliance with the procedures and requirements of Title 63N, Chapter 23, Part 8, Capital City Revitalization Zone.
(9) A military installation development authority may not impose a tax under this section.
(10)
(a) The commission shall distribute the revenue collected from the tax under this section on transactions occurring within the district sales tax area as defined in Section 11-70-101 to the Utah Fairpark Area Investment and Restoration District created in Section 11-70-201.
(b) The commission shall distribute the revenue collected outside of the district sales tax area referenced in Subsection (10)(a) to the local government.
(11) A local government shall use revenue referenced in Subsection (10)(b) only:
(a) within the project area defined in Section 63N-23-801; and
(b) for the allowable uses under Section 63N-23-803.