59-28-103. Imposition -- Rate -- Revenue distribution.
(1) Subject to the other provisions of this chapter, the state shall impose a tax on the transactions described in Subsectionat: 59-12-103(1)(i) the initial rate; and the secondary rate.
(2) The tax imposed under this chapter is in addition to any other taxes imposed on the transactions described in Subsection. 59-12-103(1)(i)
(3) Subject to Subsection, the commission shall deposit 6% of the revenue the state collects from the tax under this chapter at the initial rate into the Hospitality and Tourism Management Education Account created in Sectionto fund the Hospitality and Tourism Management Career and Technical Education Pilot Program created in Section. (3)(a)(ii) 53F-9-501 53E-3-515 The commission may not deposit more than $300,000 into the Hospitality and Tourism Management Education Account under Subsectionin a fiscal year. (3)(a)(i) Except for the amount deposited into the Hospitality and Tourism Management Education Account under Subsectionand the administrative charge retained under Subsection, the commission shall deposit the remainder of the revenue the state collects from the tax under this chapter at the initial rate into the Outdoor Recreation Infrastructure Account created in Sectionto fund: (3)(a) 59-28-104(4) 79-8-106 the Outdoor Recreational Infrastructure Grant Program created in Section; and 79-8-401 the Recreation Restoration Infrastructure Grant Program created in Section. 79-8-202
(4) The commission shall deposit 33% of the revenue the state collects from the tax at the secondary rate into the Outdoor Recreation Mitigation Grant Fund created in Section. 79-9-103 The commission shall distribute the remaining revenue the state collects from the tax under this chapter at the secondary rate to the Division of Finance, which shall transfer the revenue into the General Fund.
(5) In addition to the imposition of tax described in Subsection, the state shall impose a tax at the rate of 0.25% on the transactions described in Subsectionthat take place within a county of the first class. (1) 59-12-103(1)(i) The commission shall distribute the revenue the state collects from the tax described in Subsectionto the Division of Finance, which shall transfer the revenue into the Transient Room Tax Fund created in Section. (5)(a) 63N-3-403