Utah Code § 59-14-104 — Rate reduction for modified risk tobacco products

(1)
Beginning July 1, 2021, the tax imposed under this chapter is reduced in accordance with Subsection (2):
(a)
on the first day of a calendar quarter; and
(b)
after a 90-day period beginning on the day on which the commission receives a notice from the manufacturer of a product that has received a modified risk tobacco product order from the United States Food and Drug Administration.
(2)
The tax imposed under this chapter is reduced by:
(a)
50% for any product that is issued a modified risk tobacco product order under 21 U.S.C. Sec. 387k(g)(1); and
(b)
25% for any product that is issued a modified risk tobacco product order under 21 U.S.C. Sec. 387k(g)(2).