Utah § 59-5-116 - Disposition of certain taxes collected on Ute Indian land.
Full text of Utah Utah Code § 59-5-116 — Disposition of certain taxes collected on Ute Indian land., with citation guidance and answers to common questions.
§ 59-5-116. Disposition of certain taxes collected on Ute Indian land.
Effective 7/1/2026 59-5-116.
Disposition of certain taxes collected on Ute Indian land.
(1)
Except as provided in Subsection (2), there shall be deposited into the Uintah Basin Revitalization Fund created in Section 63N-24-602:
(a)
for taxes imposed under this part, 33% of the taxes collected on oil, gas, or other hydrocarbon substances produced from a well:
(i)
for which production began on or before June 30, 1995; and
(ii)
attributable to interests:
(A)
held in trust by the United States for the Tribe and the Tribe's members; or
(B)
on lands identified in Pub. L. No. 440, 62 Stat. 72 (1948);
(b)
for taxes imposed under this part, 80% of taxes collected on oil, gas, or other hydrocarbon substances produced from a well:
(i)
for which production began on or after July 1, 1995; and
(ii)
attributable to interests:
(A)
held in trust by the United States for the Tribe and the Tribe's members; or
(B)
on lands identified in Pub. L. No. 440, 62 Stat. 72 (1948); and
(c)
for taxes imposed under this part, 80% of taxes collected on oil, gas, or other hydrocarbon substances produced from a well:
(i)
for which production began on or after January 1, 2001; and
(ii)
attributable to interests on lands conveyed to the tribe under the Ute-Moab Land Restoration Act, Pub. L. No. 106-398, Sec. 3303.
(2)
(a)
The maximum amount deposited in the Uintah Basin Revitalization Fund may not exceed:
(i)
$3,000,000 in fiscal year 2005-06;
(ii)
$5,000,000 in fiscal year 2006-07;
(iii)
$6,000,000 in fiscal years 2007-08 and 2008-09; and
(iv)
for fiscal years beginning with fiscal year 2009-10, the amount determined by the commission as described in Subsection (2)(b).
(b)
(i)
The commission shall increase or decrease the dollar amount described in Subsection (2)(a)(iii) by a percentage equal to the percentage difference between the consumer price index for the preceding calendar year and the consumer price index for calendar year 2008; and
(ii)
after making an increase or decrease under Subsection (2)(b)(i), round the dollar amount to the nearest whole dollar.
(c)
For purposes of this Subsection (2), "consumer price index" is as described in Section 1(f)(4), Internal Revenue Code, and defined in Section (1)(f)(5), Internal Revenue Code.
Section 59-5-116 ("Disposition of certain taxes collected on Ute Indian land.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 59-5-116?
A common citation format is "Utah Code § 59-5-116" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 59-5-116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
