US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 43
                   IDAHO LIFE AND HEALTH INSURANCE GUARANTY
                               ASSOCIATION ACT
    41-4313.  CREDITS FOR ASSESSMENTS PAID. (1) A member insurer may offset
against its premium tax liability to this state an assessment described in
subsection (8) of section 41-4309, Idaho Code. An offset is allowable to the
extent of twenty percent (20%) of the amount of such assessment for each of
the five (5) calendar years following the year in which such assessment was
paid. An allowable offset, or portion thereof, not used in any calendar year
cannot be carried over or back to any other year.
    (2)  Any sums acquired by refund, pursuant to subsection (6) of section
41-4309, Idaho Code, from the association which have theretofore been written
off by contributing insurers and offset against premium taxes as provided in
subsection (1) of this section, and are not then needed for purposes of this
act, shall be  paid by the association to the director and by him deposited
with the state treasurer for credit to the general account of the state
operating fund.