Idaho State Statutes - Idaho Attorney Directory

(1) During the period
beginning on July 1, 1996, and ending on the date on which a referendum is
conducted pursuant to section 22-4718, Idaho Code, the commission shall
establish an escrow account to be used for refunds of assessments collected
pursuant to section 22-4716, Idaho Code, and shall place an amount equal to
ten percent (10%) of the total amounts collected in the escrow account. At the
conclusion of each fiscal year, any balance in the escrow account after paying
refund claims shall be transferred to one (1) or more of the accounts
established by the commission pursuant to section 22-4720, Idaho Code.
(2) The commission shall refund to a seller the assessments paid by or on
behalf of the seller if the seller is required to pay the assessments, the
seller does not support the program established under this act, and the seller
demands the refund prior to the time prescribed by the commission in rules of
the commission.
(3) The refund demand shall be made in accordance with rules, in the
form, and within the time period prescribed by the commission.
(4) The refund shall be made on submission of proof satisfactory to the
commission that the seller paid the assessments described in section 22-4716,
Idaho Code, and for which the refund is demanded.
(5) If the amount in the escrow account is not sufficient to refund the
total amount of assessments demanded by eligible sellers and the commission is
not approved to continue pursuant to the referendum conducted pursuant to this
act, the commission shall prorate the amount of the refunds among all eligible
sellers who demand a refund.
(6) If the operation of the commission is approved in the referendum
conducted pursuant to this act, all funds remaining in the escrow account
shall be returned to the commission for its use in accordance with this act.

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