Idaho Code — Title 63 (Revenue and Taxation)
Idaho Code § 63-3067D
designation by taxpayer — opportunity scholarship
# (1)
Every taxpayer who has a refund due and payable for overpayment of taxes under the provisions of this chapter may designate any portion of such refund to be remitted to the state board of education or the board of regents of the university of Idaho for the purpose of awarding opportunity scholarships pursuant to chapter 56, title 33 , Idaho Code. Every taxpayer who has an income tax liability may, in addition to his tax obligation, include a donation of any amount to be remitted to the state board of education for the purpose of awarding opportunity scholarships pursuant to section 33-4303 , Idaho Code. Such moneys shall be deposited into the opportunity scholarship program account pursuant to section 33-4303 , Idaho Code.
# (2)
A designation under subsection (1) of this section may be made in any taxable year in such manner and form as prescribed by the state tax commission. The manner and form so prescribed shall be a conspicuous portion of the principal form provided for the purpose of individual taxation.
# (3)
Prior to the distribution of funds into the opportunity scholarship program account as provided in subsection (1) of this section from the refund account, the state tax commission shall retain funds for the commission’s costs for collecting and administering the moneys in the account as follows: three thousand dollars ($3,000) from the opportunity scholarship program account for start-up costs during the first year of collections, and three thousand dollars ($3,000) or twenty percent (20%) of the moneys remitted to the opportunity scholarship program account pursuant to this section during the fiscal year, whichever is less, from the opportunity scholarship program account during each fiscal year thereafter, which amounts are hereby appropriated to the state tax commission.
Amendment history
63-3067D, added 2010, ch. 281, sec. 1, p. 758; am. 2016, ch. 32, sec. 3, p. 81.
Source: view the official text
In this chapter (40 sections)
- 63-3050A · Relief from joint and several liability on joint return
- 63-3051 · Property subject to lien
- 63-3055 · Release or subordination of income tax lien
- 63-3056 · Action to enforce lien
- 63-3057 · Distraint on personal property
- 63-3058 · Exempt property
- 63-3059 · Levy or distraint warrant
- 63-3060 · Proceedings on levy or distraint
- 63-3060A · continuous execution on INDIVIDUAL earnings
- 63-3061 · Successive seizures
- 63-3061A · Notice of levy and distraint
- 63-3062 · Production of books
- 63-3063 · Collection by distraint not exclusive
- 63-3064 · Other remedies preserved
- 63-3065 · Jeopardy assessments
- 63-3065A · Jurisdiction over nonresidents
- 63-3066 · Legal adviser
- 63-3067 · Revenue received — State refund account
- 63-3067A · income tax refund or payment Designation by individuals to…
- 63-3067B · Sunsetting designations
- 63-3067D · designation by taxpayer — opportunity scholarship
- 63-3068 · Period of limitations for issuing a notice of deficiency and…
- 63-3069 · Notice of adjustment of federal or state tax liability
- 63-3069A · Special statute of limitations
- 63-3070 · Partnership income — Federal adjustments
- 63-3071 · Destruction of old returns
- 63-3072 · Credits and refunds
- 63-3073 · Interest on refunds and credits
- 63-3074 · Actions against state of Idaho
- 63-3075 · Penalties
- 63-3076 · Penalty for divulging information
- 63-3077 · Information furnished to certain officials
- 63-3077A · Agreements for exchange of information and joint…
- 63-3077B · Agreements for exchange of information with industrial…
- 63-3077C · Agreement for exchange of information with department of…
- 63-3077D · Agreement for collection of tax
- 63-3077E · Agreements for exchange of information with the state…
- 63-3077F · Information furnished to certain individuals
- 63-3077G · Agreement for exchange of information with the Idaho…
- 63-3077H · Agreement for exchange of information with the Idaho…