Idaho State Statutes - Idaho Attorney Directory

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 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 commission shall be paid through the state refund account, and
those moneys are continuously appropriated.
(b) On and after July 1, 2005, the balance remaining with the state
treasurer after deducting the amount described in subsection (a) of this
section shall be distributed as follows:
(1) 17.3% of such balance shall be distributed to the permanent building
fund created by section 57-1108, Idaho Code.
(2) 0.4% of such balance shall be distributed to the central tumor
registry account. The amount of money so distributed to the central tumor
registry account shall not exceed the fiscal year's appropriation, and at
such time as the appropriation has been distributed to the central tumor
registry account during any fiscal year, all such distributions in excess
of the appropriation shall be made instead to the general fund of the
state of Idaho.
(3) 1% of such balance shall be distributed to the cancer control account
created by section 57-1702, Idaho Code. Revenues received in the cancer
control account shall be paid over to the state treasurer by the state tax
commission to be distributed as follows:
(i) Such amounts as are appropriated for purposes specified in
section 57-1702, Idaho Code, shall be expended as appropriated;
(ii) Any balance remaining in the cancer control account on June 30
of any fiscal year after the amounts withdrawn by appropriation have
been deducted, shall be reserved for transfer to the general fund on
July 1 and the state controller shall order such transfer.
(4) 21.25% of such balance shall be distributed to the general fund of
the state of Idaho for the fiscal year commencing July 1, 2005 through
June 30, 2006.
(5) All remaining moneys shall be distributed as follows: For the fiscal
year commencing July 1, 2005, and ending June 30, 2006, all moneys shall
be distributed to the economic recovery reserve fund created by section
67-3520, Idaho Code. For fiscal years on and after July 1, 2006, all
moneys shall be distributed to the permanent building fund with the moneys
to be used for the repair, remodel and restoration of the state capitol
building and state facilities pertaining to the capitol restoration until
such time as the capitol restoration is adequately funded as certified by
the director of the department of administration. Thereafter all moneys
shall be distributed to the economic recovery reserve fund created by
section 67-3520, Idaho Code.

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