Show Sales Tax Here New tax laws bring hike to On Monday July Utah taxpayers began ing their payments to take care of state government as I several tax laws became ef-j July 1 that were passed by the 1963 AN INCREASE of approximately each year is expected to swell the coffers of the state as the new tax measures begin to bring money into the channels of Utah Two tax hikes and a new tax are expected to produce 12 million dollars a But a new sales tax which becomes effective July will reduce this bv an estimated THE TAX CHANGES and their estimated impact on taxpayers and state coffers A one-half per cent increase in the state sales tax hiking the rate to three per cent per cent in Duchesne and Uintah EXPECTED REVENUE Increase is nine million dollars a all earmarked for the state building The increase will expire June unless it Is extended by future A FOUR-CENT a pack Increase in the cigarette tax brings the rate to eight cents a pack Estimated revenue gain is 2 million dollars a year A new tax on all tobacco other than of 25 per cent of the manufacturers sale Estimated per vear TAXPAYERS ARE expected to recoup up to of the added payments through an exemption from the Bales tax of exchanges of tangible personal Chief beneficiaries of the exemption will be individuals purchasing automobiles with trade-ins as partial CURRENTLY THE trade-in is considered a part of the taxable Under the amended law the value of the trade-in will not be subject to the sales The exemption applies to trade-in purchases of all kinds of appliances and other types of tangible personal THESE ARE THE 1963 legislative enactments becoming effective July 1 whose bite will be felt by the largest number of Fourteen other bills passed by the 1963 session became effective July EIGHT OF THESE are related to two subjects three to reorganization of the State Department of Finance and five to state retirement THE KEY FINANCE department act abolishes the present three-member commission and creates in its place the office of director of finance directly responsible to the governor for functions of budgetary control and fiscal It also provides for a state merit which is now in process of being worked A RELATED BILL reduces Hip of tho of Examiners to coincide with the expanded functions of the governor and director of finance Another related bill makes a technical change in the handling of state THE KEY retirement bill to become effective establishes a central state office for public retirement funds and functions and provides for the preparation of a retirement RELATED BILLS transfer to this office the Public Retirement the Judicial Retirement the Highway Patrol Retirement System and the School Employees' A NEW LAW which became partially effective May 14 reduced the age for legal purchase and possession of tobacco from 21 to 19 But portions of the act designed to prevent underage persons from purchasing tobacco through vending machines will become operative July I THE ACT provides that anyone who maintains after June 30 a tobacco vending machine to persons under the age of 19 is guilty of a vending the law be deemed accessible to persons under age 19 except where they are in locations where persons under age 19 are where the machine can be operated by the owner or his employee either directly or through a. remote control device which la inaccessible to the customer and must be operated for each In private industrial locations where only adults are customarily allowed and in private provided that such locations are inaccessible to persons under age THE LAW FURTHER specifies sign-posting And it makes it a misdemeanor for the proprietor of any place of business under age 19 to frequent such place of business while they are using OTHER 1963 enactments that became effective July 1 HB which removes from meat slaughters the cost of state inspections and provides for payment of inspections cost from a legislative A NEW code to supplement a new corporation code enacted by the 1961 a major revision of the state insurance revises the Workmen's Compensation Law to permit coverage of sole provides for payments into a special fund known as the injury and increases compensation HB which amends the Occupational Disease Act to allow compensation for silicosis only if a claimant has been exposed for at least one HB WHICH continues legislation allowing an extra distribution unit under public school financing program for each approved vocational course unit but limited to 40 such distribution units per A BILL WHICH becomes effects e July 7 is HB which makes various changes in the Unemployment Compensation Act relating to qualifying eligibility of definitions of wages of employment and taxable for rate effective Jan |