Idaho Code — Title 63 (Revenue and Taxation)
Idaho Code § 63-717
Reimbursement by state tax commission
# (1)
By no later than December 20 of each year, the state tax commission shall pay to the county tax collector of each county one-half (1/2) of the amount due each county as reimbursement for property taxes deferred as provided in sections 63-712 through 63-721 , Idaho Code, as shown on the property tax reduction roll required under section 63-707 , Idaho Code, as modified by actions of the state tax commission relating to claims approved or disapproved by the state tax commission and shall pay the second one-half (1/2) of such amount by not later than June 20 of the following year. The payments may be combined with payments made under section 63-709 , Idaho Code.
# (2)
The total amount of reimbursement payable to all counties under this section shall not exceed five million dollars ($5,000,000) in regard to property taxes for one (1) calendar year. In the event that the amount of taxes approved for deferral exceeds five million dollars ($5,000,000), the amount of taxes deferred for each qualifying property shall be reduced proportionately and the balance of property tax not deferred shall be entered on the property tax notice required by section 63-902 , Idaho Code, and shall be payable as required by chapter 9, title 63 , Idaho Code.
Amendment history
63-717, added 2006, ch. 234, sec. 1, p. 695; am. 2021, ch. 238, sec. 3, p. 729.
Source: view the official text
In this chapter (23 sections)
- 63-701 · Definitions
- 63-702 · reduction in property TAXES or occupancy taxes — Claim is…
- 63-703 · Procedure for filing claims
- 63-704 · Amount of property tax or occupancy tax reduction
- 63-705 · Publication of changes in income limitations and property tax…
- 63-705A · special property tax or occupancy tax reduction for disabled…
- 63-706 · Time requirements for filing claim
- 63-707 · Procedure after claim approval
- 63-708 · Recovery of erroneous claims
- 63-709 · Reimbursement by state tax commission
- 63-710 · Procedure after reimbursement
- 63-711 · Cancellation of taxes — Hardship and casualty losses — Special
- 63-712 · Short title
- 63-713 · Definitions
- 63-714 · Application — Deferral of property tax
- 63-715 · Procedures — Appeals
- 63-716 · Deferral — Interest — Lien — Priority
- 63-717 · Reimbursement by state tax commission
- 63-718 · Events terminating deferral — Payment of deferred tax and…
- 63-719 · Tax deed for deficiency in repayment
- 63-720 · Recovery of erroneous and other improper deferrals
- 63-721 · Knowingly filing a false claim a misdemeanor
- 63-724 · homeowner property tax relief