3.15.060 Tax collection contract with State Tax Commission.
A. On or before the effective date of the ordinance codified in this chapter, West Point 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, in accordance with this chapter. This contract may be a supplement to any existing contract with the Commission to administer and collect the local sales and use tax. The city is hereby authorized to enter into 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 by this chapter.
B. An energy supplier shall pay the municipal energy sales and use tax revenues collected from consumers directly to West Point City monthly if:
1. West Point City is the energy supplier; or
2.
a. The energy supplier estimates that the municipal energy sales and use tax collected annually from its Utah consumers equals $1,000,000 or more; and
b. The energy supplier collects the municipal energy sales and use tax.
C. An energy supplier paying the municipal energy sales and use tax directly to West Point City may deduct any contractual franchise fees collected by the energy supplier qualifying as a credit and remit the net tax less any amount the energy supplier retains as authorized by Section 10-1-307(4), Utah Code Annotated 1953. [Code 2000 § 4-6-6].