US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 4
           APPRAISAL, ASSESSMENT AND TAXATION OF OPERATING PROPERTY
    63-410.  CERTIFICATION OF VALUE TO COUNTIES -- COMPARISONS -- SPECIAL
MEETING -- ESCAPED ASSESSMENTS. (1) On or before the first Monday of September
in each year the chairman of the state tax commission, or his designee, must
prepare and transmit certified statements of the taxable value of operating
property by the commission to the county auditors of the several counties of
this state. The certified statements shall show each type of operating
property separately, shall show the taxable value of the operating property,
and shall show the taxable value of operating property to be apportioned to
each of the various taxing districts within a county, as provided in section
63-405, Idaho Code. The Idaho taxable value of private railcar fleets shall be
apportioned to the several counties as provided in section 63-405, Idaho Code.
    (2)  Each county auditor, upon receipt of certified statements of the
taxable value of operating property apportioned to his county, shall compare
the same with the previous year's taxable values, and if any errors are made
by the state tax commission or if in the opinion of the county auditor any
property in the county subject to assessment by the state tax commission, has
not been assessed by the state commission or that any assessment as certified
is erroneous it shall be the duty of the county auditor, as soon as any error
or omission in such statement is discovered, to forthwith notify the chairman
of the state tax commission of such error or omission, with as full an
explanation as can be made by such county auditor. The county auditor shall
send a duplicate copy of any such notice and explanation sent to the chairman
of the state tax commission, to the office of the owner or nearest managing
agent of any property which may be affected by any change in assessment under
the provisions of this section.
    (3)  The governor may call a special meeting of the state tax commission
for the purpose of correcting any errors made or to assess, allocate, and
apportion any operating property which may have been omitted. Notice of at
least ten (10) days of such special meeting shall be mailed by the chairman of
the state tax commission to the owner or nearest managing agent of any
property which may be affected by any change in assessment as originally
certified. The procedure in the special meeting shall be as nearly as possible
the same as provided in section 63-406, Idaho Code. Corrected statements shall
be certified in the same manner as the original statements.
    (4)  Any property which has escaped taxation in the previous year shall be
assessed by said commission on an equalized value, as with other property
assessed in the preceding year, and such value shall be added to the value of
the assessment for the current year.