17E-4-101. Definitions.
101 words·~1 min read·
/ut/title-17e/chapter-4/17e-4-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 11/6/2025
17E-4-101. Definitions.
As used in this chapter:
(1)"Commission" means the State Tax Commission.
(2)"Contributing business" means a person who is centrally assessed and owns a qualifying transmission line.
(3)"Division" means the Division of Finance created in Section 63A-3-101 .
(4)"Qualifying transmission line" means an electrical transmission line that first transmits electrical current within the state on or after January 1, 2026, and operates at a nominal voltage of at least 340,000 volts, including structures, equipment, plant, or fixtures associated with the electrical transmission line.
Renumbered and Amended by Chapter 14 , 2025 Special Session 1