US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 6
                           EXEMPTIONS FROM TAXATION
    63-602O.  PROPERTY EXEMPT FROM TAXATION -- PROPERTY USED FOR GENERATING
AND DELIVERING ELECTRICAL POWER FOR IRRIGATION OR DRAINAGE PURPOSES AND
PROPERTY USED FOR TRANSMITTING AND DELIVERING NATURAL GAS ENERGY FOR
IRRIGATION OR DRAINAGE PURPOSES. The following property is exempt from
taxation: property used for generating or delivering electrical power to the
extent that such property is used for furnishing power for pumping water for
irrigation or drainage purposes on lands in the state of Idaho, and property
used for transmitting or delivering natural gas energy to the extent that such
property is used for furnishing natural gas energy for pumping water for
irrigation or drainage purposes on lands in the state of Idaho. This exemption
shall accrue to the benefit of the consumer of such power, or the consumer of
such natural gas energy, except in cases where the water so pumped is sold or
rented to irrigate lands, in which event the property used for generating or
delivering power, and property used for transmitting or delivering natural gas
energy, shall be assessed for taxation to the extent that such water is so
sold or rented.