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Utah Code § 59-31-301

Taxation of cannabinoid product

Enacted by Chapter 35, 2024 General Session; End date 1/1/2027

(1) A tax is imposed on a cannabinoid product at a rate of .10 multiplied by the retail price.

(2)

(a) A licensee shall collect the tax imposed under Subsection (1) from a purchaser at the time the cannabinoid product is sold.

(b) A consumer that purchases or receives an untaxed cannabinoid product shall pay the tax at the time the cannabinoid product is first received in this state.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.