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Revenue and Taxation | |
Radioactive Waste Facility Tax Act | |
Section 103 | Tax imposed on radioactive waste. |
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59-24-103. Tax imposed on radioactive waste. (1) Beginning on April 1, 2001 through June 30, 2003, there is imposed a tax on radioactive waste received at a radioactive waste facility, as provided in this chapter. (2) The tax is equal to the sum of the following amounts: (a) 12% of the gross receipts received from the disposal of containerized class A waste; (b) 10% of the gross receipts received from the disposal of processed class A waste; (c) 5% of the gross receipts received from the disposal of uncontainerized, unprocessed class A waste; (d) 10 cents per cubic foot of alternate feed material received at a radioactive waste facility for disposal or reprocessing; and (e) 10 cents per cubic foot of byproduct material received at a radioactive waste facility for disposal. (3) For purposes of the tax imposed by this section, a fraction of a cubic foot is considered to be a full cubic foot. (4) The tax imposed by this section applies to: (a) gross receipts received: (i) pursuant to a contract entered into on or after April 30, 2001; (ii) pursuant to a contract substantially modified on or after April 30, 2001; (iii) pursuant to a contract renewed or extended on or after April 30, 2001; (iv) not pursuant to a contract; or (v) for the disposal of containerized class A waste; and (b) alternate feed material or byproduct material received: (i) pursuant to a contract entered into on or after April 30, 2001; (ii) pursuant to a contract substantially modified on or after April 30, 2001; (iii) pursuant to a contract renewed or extended on or after April 30, 2001; or (iv) not pursuant to a contract. (5) The tax imposed by this section does not apply to radioactive waste containing material classified as hazardous waste under 40 C.F.R. Part 261.
Amended by Chapter 295, 2003 General Session |
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