Representative Ben C. Ferry
proposes the following amendments:
1. Page
39, Lines 1177 through 1202
:
1177
(B) a local tax equal to the sum of the tax rates a county, city, or town imposes on the
1178
transaction under this chapter other than this part
{
[
} ; or {
]
} {.
}
1179
(ii)
{
(A)
} {
[
} if {
]
} {
If
} a seller collects a tax in accordance with Subsection
59-12-107
(1)(b) on a
1180
transaction described in Subsection (1), a state tax and a local tax is imposed on the transaction
1181
equal to the sum of:
1182
{
[
} (A) {
]
} {
(I)
} a state tax imposed on the transaction at a rate of:
1183
{
[
} (I) {
]
} {
(Aa)
} 4.75% for a transaction other than a transaction described in
Subsection
1184
(1)(d);
{
[
} or {
]
}
1185
{
[
} (II) {
]
} {
(Bb)
} 2% for a transaction described in Subsection (1)(d);
{
[
} and {
]
} {or }
1186
{
(Cc) except as provided in Subsection (2)(b)(ii)(B), beginning on January 1, 2007,
1187
2.75% on the amounts paid or charged for food and food ingredients; and
}
1188
{
[
} (B) {
]
} {
(II)
} a local tax imposed on the transaction at a rate equal to the sum of the
1189
following rates:
1190
{
[
} (I) {
]
} {
(Aa)
} the tax rate authorized by Section
59-12-204
, but only if all of the
counties,
1191
cities, and towns in the state impose the tax under Section
59-12-204
; and
1192
{
[
} (II) {
]
} {
(Bb)
} the tax rate authorized by Section
59-12-1102
, but only if all of the
counties
1193
in the state impose the tax under Section
59-12-1102
.
1194
{
(B) Notwithstanding Subsection (2)(b)(ii)(A)(I)(Cc), for a seller that collects a tax in
1195
accordance with Subsection
59-12-107
(1)(b) on a bundled transaction, if the price of the
1196
bundled transaction is attributable to food and food ingredients and tangible personal property
1197
other than food and food ingredients, a state tax and a local tax is imposed on the bundled
1198
transaction equal to the sum of:
1199
(I) a state tax imposed on the bundled transaction at the tax rate described in
1200
Subsection (2)(b)(ii)(A)(I)(Aa); and
1201
(II) a local tax imposed on the bundled transaction as provided in Subsection
1202
(2)(b)(ii)(A)(II). }