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Idaho Code — Title 63 (Revenue and Taxation)

Idaho Code § 63-2520

Distribution of moneys collected

Official textlegislature.idaho.govlast amended 10 subsections
63-2520.  Revenues received from the taxes imposed by this chapter, and any revenues received from licenses, permits, penalties, interest, or deficiency additions, shall be distributed by the state tax commission as follows:
(a)  An amount of money shall be distributed to the state refund account sufficient to pay current refund claims. All refunds authorized under this chapter by the state tax commission shall be paid through the state refund account, and those moneys are continuously appropriated.
(b)  The balance remaining with the state treasurer after deducting the amount described in subsection (a) of this section shall be distributed as follows:
(1)  Five million dollars ($5,000,000) shall be distributed to the permanent building fund created by section 57-1108, Idaho Code.
(2)  Three hundred sixty thousand dollars ($360,000) shall be distributed to the central cancer registry fund and is subject to appropriation as provided for in chapter 35, title 67, Idaho Code.
(3)  Three hundred thousand dollars ($300,000) shall be distributed to the cancer control fund created by section 57-1702, Idaho Code, and is subject to appropriation as provided for in chapter 35, title 67, Idaho Code.
(4)  All remaining moneys shall be distributed in the following priority order:
(i)   Four million seven hundred thousand dollars ($4,700,000) to be used for the purpose of paying the state match as required for federal funds committed to pay the annual scheduled GARVEE debt service until such time as the Idaho housing and finance association certifies that any such bonds or notes are adequately paid for, in accordance with chapter 62, title 67, Idaho Code;
(ii)  Five million dollars ($5,000,000) to the secondary aquifer planning, management and implementation fund as established in section 42-1780, Idaho Code. Such moneys shall be used for statewide aquifer stabilization; and
(iii) All remaining moneys following distributions pursuant to subparagraphs (i) and (ii) of this paragraph shall be distributed to the transportation expansion and congestion mitigation fund established in section 40-720, Idaho Code.
Amendment history

63-2520, added 1974, ch. 211, sec. 20, p. 1548; am. 1975, ch. 57, sec. 1, p. 121; am. 1976, ch. 51, sec. 15, p. 179; am. 1978, ch. 182, sec. 1, p. 413; am. 1979, ch. 33, sec. 2, p. 49; am. 1980, ch. 1, sec. 1, p. 3; am. 1982, ch. 49, sec. 1 … , ch. 311, sec. 11, p. 967; am. 2009, ch. 344, sec. 2, p. 1078; am. 2014, ch. 115, sec. 3, p. 329; am. 2014, ch. 337, sec. 2, p. 834; am. 2017, ch. 322, sec. 12, p. 850; am. 2023, ch. 139, sec. 1, p. 383; am. 2024, ch. 237, sec. 27, p. 837.

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In this chapter (40 sections)
  1. 63-2501 · Purpose
  2. 63-2502 · Definitions
  3. 63-2503 · Permits
  4. 63-2504 · Qualifications of wholesalers
  5. 63-2505 · Transportation of cigarettes
  6. 63-2506 · Imposition of tax
  7. 63-2507 · Stamps to be printed — Affixed to individual packages
  8. 63-2508 · Stamps to be affixed by person first receiving cigarettes in…
  9. 63-2509 · Compensation for affixing stamps
  10. 63-2510 · Payment of tax — Returns — Accounting for stamps
  11. 63-2510A · Bonding
  12. 63-2511 · Records to be kept — Inspection
  13. 63-2512 · Penalties
  14. 63-2513 · Contraband articles
  15. 63-2514 · Search and seizure
  16. 63-2515 · Compromise and confiscation
  17. 63-2516 · Collection and enforcement — Actions against state of Idaho
  18. 63-2517 · Jurisdiction over nonresidents
  19. 63-2519 · Civil action — Injunction
  20. 63-2520 · Distribution of moneys collected
  21. 63-2521 · Refunds — Limitations — Interest
  22. 63-2522 · Imposition and rate of tax
  23. 63-2523 · Prohibitions
  24. 63-2525 · Criminal penalties
  25. 63-2526 · Administrative sanctions
  26. 63-2527 · General provisions
  27. 63-2528 · Definitions
  28. 63-2529 · Applicability
  29. 63-2551 · Tobacco products tax — Definitions
  30. 63-2552 · Tax imposed — Rate
  31. 63-2552A · Additional tax imposed — Rate
  32. 63-2552B · Tobacco products use tax
  33. 63-2553 · Legislative intent
  34. 63-2554 · Permit required
  35. 63-2555 · Books and records to be preserved — Entry and inspection by…
  36. 63-2556 · Preservation of invoices of sales to other than ultimate…
  37. 63-2557 · Invoices of purchases to be procured by retailer, subjobber —…
  38. 63-2558 · Records of shipments, deliveries from public warehouse of…
  39. 63-2559 · When credit may be obtained for tax paid
  40. 63-2560 · Tax payable monthly — Returns — Other than monthly returns —…
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