West Jordan Utah Form 13551 2023-2025

West Jordan Utah Form 13551: What You Should Know

C04/18/01/2008. This is available from the City of Riverton. 13551 S 200 W. SALT LAKE. (Revised 08/11/18) Revenue & Taxation Division. 1. In August 1996, the Utah State Senate passed Senate Bill 1231 (“The Alcoholic Beverage Control Act”), which replaced a tax formula enacted in 1944. This bill is called the “Revenue and Taxation Division” bill. The bill has since been signed into law by the Governor. The statute changes many laws in the State of Utah, including, but not limited to, laws regulating the sale and purchase of alcoholic beverages, and the laws governing the issuance of liquor licenses and permits; those laws were all designed to accomplish a common goal-to protect the public health, protect the public safety, and enable the state to recover from financial losses incurred at the time of prohibition. As described in greater detail below, the new law replaces a 1944 formula with a new formula (the “Revenue and Taxation Division”) that provides tax credits for the production of alcoholic beverages and sales. In the early 1990s, the state revenue committee approved a study that found a decline in revenue in the years following legalization of the sale of beer and wine by the consumption of food. The new “revenue and taxation” bill was passed in 1996 to create a new tax-free model for the alcohol industry, in hopes of reducing the impact that alcohol has on the state's overall economy. Currently, the law states that the revenue from excise taxes (on alcohol manufactured, sold, or consumed in Utah) shall be used to: — For the maintenance and enforcement of its existing laws and regulations relating to the sale, purchase, production, and distribution of alcoholic beverages; — For the administration of the programs provided by State law that supplement those laws and regulations; — For the general purpose of supporting and sustaining the State budget and general State programs and operations; and — For the general purpose of providing funding to other state and local governmental entities for the administration of alcoholic beverage-related programs. The revenue received from each source is adjusted on an annual basis to maintain the general purpose. The new law is set out below. The Revenue and Taxation Division Act provides additional guidance on the application of this new tax system within Utah: SEC. 35-13. REVENUE AND TAXATION.

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