! The Capitol Complex is closed to the public due to COVID-19. All meetings will be held virtually online. View procedures and guidelines for remote public comment

Download Zipped Enrolled WordPerfect HB0026.ZIP
[Introduced][Status][Bill Documents][Fiscal Note] [Bills Directory]

H.B. 26 Enrolled

             1     

BRINE SHRIMP ROYALTY ACT AMENDMENTS

             2     
2010 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Todd E. Kiser

             5     
Senate Sponsor: Wayne L. Niederhauser

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill amends the Brine Shrimp Royalty Act.
             10      Highlighted Provisions:
             11          This bill:
             12          .    repeals obsolete language;
             13          .    addresses definitions;
             14          .    addresses the calculation of the royalty; and
             15          .    makes technical changes.
             16      Monies Appropriated in this Bill:
             17          None
             18      Other Special Clauses:
             19          None
             20      Utah Code Sections Affected:
             21      AMENDS:
             22          59-23-3, as last amended by Laws of Utah 2005, Chapter 16
             23          59-23-4, as last amended by Laws of Utah 2009, Chapter 344
             24          59-23-7, as enacted by Laws of Utah 1997, Chapter 179
             25          59-23-8, as enacted by Laws of Utah 1997, Chapter 179
             26      REPEALS:
             27          59-23-2, as enacted by Laws of Utah 1997, Chapter 179
             28     
             29      Be it enacted by the Legislature of the state of Utah:


             30          Section 1. Section 59-23-3 is amended to read:
             31           59-23-3. Definitions.
             32          As used in this chapter:
             33          [(1) "Alternate royalty rate" means $550,000 divided by the gross volume of
             34      unprocessed brine shrimp eggs harvested in the state during the tax year.]
             35          [(2)] (1) "Brine shrimp eggs" means dormant, early stage brine shrimp embryos
             36      encapsulated as cysts that are harvested from [the waters of] within the state.
             37          [(3)] (2) "Tax year" means a one-year period beginning on February 1 and ending on
             38      January 31 of the following year.
             39          Section 2. Section 59-23-4 is amended to read:
             40           59-23-4. Brine shrimp royalty -- Royalty rate -- Commission to prepare billing
             41      statement -- Deposit of revenue.
             42          [(1) (a) Beginning on February 1, 2004, and ending on January 31, 2006, there is
             43      imposed for each tax year a brine shrimp royalty of the lesser of:]
             44          [(i) 3.75 cents multiplied by the total pounds of unprocessed brine shrimp eggs that
             45      are harvested in the state during the tax year; or]
             46          [(ii) $550,000.]
             47          [(b)] (1) [Beginning on February 1, 2006, there is imposed] A person shall pay for
             48      each tax year a brine shrimp royalty of 3.75 cents multiplied by the total number of pounds of
             49      unprocessed brine shrimp eggs that [are harvested in] the person harvests within the state
             50      during the tax year.
             51          [(2) Beginning on February 1, 2004, and ending on January 31, 2006, the royalty
             52      amount due from a person for each tax year is:]
             53          [(a) if the brine shrimp royalty for the tax year is as described in Subsection (1)(a)(i),
             54      the gross volume of unprocessed brine shrimp eggs harvested in the state by that person during
             55      that tax year multiplied by 3.75 cents; or]
             56          [(b) if the brine shrimp royalty for the tax year is $550,000, the gross volume of
             57      unprocessed brine shrimp eggs harvested in the state by that person for that tax year multiplied


             58      by the alternate royalty rate.]
             59          [(3) Beginning on February 1, 2006, the royalty amount due from a person for a tax
             60      year is the gross volume of unprocessed brine shrimp eggs harvested in the state by that person
             61      during that tax year multiplied by 3.75 cents.]
             62          [(4)] (2) (a) A person that harvests unprocessed brine shrimp eggs shall report to the
             63      Department of Natural Resources the total [gross volume] number of pounds of unprocessed
             64      brine shrimp eggs harvested by that person for that tax year on or before the February 15
             65      immediately following the last day of that tax year.
             66          (b) The Department of Natural Resources shall provide the following information to
             67      the commission on or before the March 1 immediately following the last day of a tax year:
             68          (i) the total [gross volume] number of pounds of unprocessed brine shrimp eggs
             69      harvested for that tax year; and
             70          (ii) for each person that harvested unprocessed brine shrimp eggs for that tax year:
             71          (A) the [gross volume] total number of pounds of unprocessed brine shrimp eggs
             72      harvested by that person for that tax year; and
             73          (B) a current billing address for that person; and
             74          (iii) any additional information required by the commission.
             75          (c) (i) The commission shall prepare and mail a billing statement to each person that
             76      harvested unprocessed brine shrimp eggs in a tax year by the March 30 immediately following
             77      the last day of a tax year.
             78          (ii) The billing statement under Subsection [(4)] (2)(c)(i) shall specify:
             79          (A) the [gross volume] total number of pounds of unprocessed brine shrimp eggs
             80      harvested by that person for that tax year;
             81          (B) the [amount of] brine shrimp royalty that the person owes; and
             82          (C) the date that the brine shrimp royalty payment is due as provided in Section
             83      59-23-5 .
             84          (d) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,
             85      the commission may make rules prescribing the information required under Subsection [(4)]


             86      (2)(b)(iii).
             87          [(5) All revenue] (3) Revenue generated by the brine shrimp royalty shall be deposited
             88      in the Species Protection Account created in Section 79-2-303 .
             89          [(6)] (4) Beginning with the 2004 interim, the Revenue and Taxation Interim
             90      Committee:
             91          (a) shall review the [annual] brine shrimp royalty [amount] imposed under this section
             92      [one or more times] at least every five years;
             93          (b) shall determine on or before the November interim meeting of the year in which
             94      the Revenue and Taxation Interim Committee reviews the [annual] brine shrimp royalty
             95      [amount] imposed under this section whether the brine shrimp royalty [amount] should be[:(i)]
             96      continued[; (ii)], modified[;], or [(iii)] repealed; and
             97          (c) may review any other issue related to the brine shrimp royalty imposed under this
             98      part [as determined by the Revenue and Taxation Interim Committee].
             99          Section 3. Section 59-23-7 is amended to read:
             100           59-23-7. Rules.
             101          [The] In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,
             102      the commission may make rules to implement and enforce this chapter.
             103          Section 4. Section 59-23-8 is amended to read:
             104           59-23-8. Penalties and interest.
             105          A person who harvests unprocessed brine shrimp eggs who fails to comply with this
             106      chapter is subject to penalties and interest as provided in Sections 59-1-401 and 59-1-402 .
             107          Section 5. Repealer.
             108          This bill repeals:
             109          Section 59-23-2, Intent statement.


[Bill Documents][Bills Directory]