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S.B. 67
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6 This act modifies the Utah Sports Authority Act. The act modifies disbursement from the
7 Olympic Special Revenue Fund by modifying the determination of a municipality's or
8 county's percentage of total sales and use taxes generated and deposited into the Olympic
9 Special Revenue Fund.
10 This act affects sections of Utah Code Annotated 1953 as follows:
11 AMENDS:
12 63A-7-113, as last amended by Chapter 115, Laws of Utah 2000
13 Be it enacted by the Legislature of the state of Utah:
14 Section 1. Section 63A-7-113 is amended to read:
15 63A-7-113. Disbursement of the Olympic Special Revenue Fund.
16 (1) As used in this section:
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20 Subsection 59-12-103 (4)[
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22 deposited under Subsection 59-12-103 (4) that are generated by a county or municipality.
23 (2) Each municipality that exists on January 1, 2002 is considered to have existed, with
24 its January 1, 2002 geographic boundaries, from January 1, 1990 through December 31, 1999 for
25 purposes of:
26 (a) determining the proportionate share of the:
27 (i) municipality; and
28 (ii) county in which the municipality is located; and
29 (b) disbursing the proportionate share, under Subsections (3)(a) and (b), of the:
30 (i) municipality; and
31 (ii) county in which the municipality is located.
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33 Fund shall be distributed as follows:
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42 municipality described in Subsection [
42a (4), s receive the county's or municipality's
43 proportionate share of amounts deposited into the Olympic Special Revenue Fund by a public
44 sports entity as reimbursement of sales and use taxes deposited under Subsection 59-12-103 (4);
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47 municipality that has entered into an indemnification agreement with the state regarding risks
48 related to the Winter Olympic Games of 2002:
49 (i) the proportionate share of amounts deposited into the Olympic Special Revenue Fund
50 by a public sports entity as reimbursement of sales and use taxes deposited under Subsection
51 59-12-103 (4); and
52 (ii) interest on the amounts described in Subsection [
53 beginning on March 15, 2002, and ending on the day on which the disbursement is made to the
54 county or municipality; and
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56 Subsection (2)[
56a S (4)(a) EACH MUNICIPALITY THAT BECOMES INCORPORATED OR THAT ANNEXES
56b UNINCORPORATED TERRITORY ON OR AFTER JANUARY 1, 1990 BUT ON OR BEFORE JANUARY 1,
56c 2002 SHALL RECEIVE UNDER SUBSECTIONS (3)(a) AND (b) ONLY THE 50% POPULATION
56d DISTRIBUTION, AS PROVIDED IN SUBSECTION 59-12-205(2)(c)(i), ASSOCIATED WITH THE
56e INCORPORATED OR ANNEXED AREA FOR THE PERIOD BETWEEN JANUARY 1, 1990 AND THE
56f TIME OF THE INCORPORATION OR ANNEXATION.
56g (b) THE REMAINDER OF THE AMOUNT THAT, EXCEPT FOR SUBSECTION (4)(a), WOULD
56h HAVE BEEN DISTRIBUTED TO THE MUNICIPALITY SHALL BE DISTRIBUTED TO THE COUNTY IN
56i WHICH THE MUNICIPALITY IS LOCATED. s
Legislative Review Note
as of 1-23-01 10:14 AM
A limited legal review of this legislation raises no obvious constitutional or statutory concerns.