2006 Utah Code - 13-33-304 — Additional fees for license of promoter -- Dedicated credits -- Promotion of contests -- Annual exemption of showcase event.

     13-33-304.   Additional fees for license of promoter -- Dedicated credits -- Promotion of contests -- Annual exemption of showcase event.
     (1) In addition to the payment of any other fees and money due under this chapter, every promoter shall pay a license fee of:
     (a) 3% of the total gross receipts from admission fees to each live contest or exhibition, exclusive of any other state or federal tax or tax imposed by any political subdivision of this state; and
     (b) 3% of total gross receipts from the sale, lease, or other exploitation of broadcasting, television, and motion picture rights for each contest or exhibition.
     (2) The license fees due under Subsection (1) shall be calculated without any deductions for commissions, brokerage fees, distribution fees, advertising, contestants' purses, or any other expenses or charges.
     (3) One-half of license fees collected under Subsection (1)(a) from professional boxing contests or exhibitions shall be deposited in the General Fund as a dedicated credit to be used by the commission to award grants to organizations which promote amateur boxing in the state.
     (4) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act, the commission shall adopt rules:
     (a) requiring that the number and face value of all complimentary tickets be reported;
     (b) governing the treatment of complimentary tickets for the purposes of computing gross receipts from admission fees under Subsection (1);
     (c) governing the manner in which applications for grants under Subsection (3) may be submitted to the commission; and
     (d) establishing standards for awarding grants under Subsection (3) to organizations which promote amateur boxing in the state.
     (5) For the purpose of creating a greater interest in contests in the state, the commission may exempt from the payment of license fees under this section one contest or exhibition in each calendar year, intended as a showcase event. The commission shall select the contest or exhibition to be exempted based on factors which include:
     (a) attraction of the optimum number of spectators;
     (b) costs of promoting and producing the contest or exhibition;
     (c) ticket pricing;
     (d) committed promotions and advertising of the contest or exhibition;
     (e) rankings and quality of the contestants; and
     (f) committed television and other media coverage of the contest or exhibition.

Amended by Chapter 304, 2002 General Session