US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 6
                           EXEMPTIONS FROM TAXATION
    63-602P.  PROPERTY EXEMPT FROM TAXATION -- FACILITIES FOR WATER OR AIR
POLLUTION CONTROL. (1) The following property is exempt from taxation:
facilities, installations, machinery or equipment, attached or unattached to
real property, and designed, installed and utilized in the elimination,
control or prevention of water or air pollution, or, in event such facilities,
installations, equipment or machinery shall also serve other beneficial
purposes and uses, such portion of the assessed valuation thereof as may
reasonably be calculated to be necessary for and devoted to elimination,
control or prevention of water or air pollution. The state tax commission or
county assessor shall determine such exempt portion, and shall not include as
exempt any portion of any facilities which have value as the specific source
of marketable byproducts.
    (2)  If any water corporation, as defined by section 61-125, Idaho Code,
regulated by the Idaho public utilities commission is or has been ordered by
the state board of health or the Idaho public utilities commission to install
equipment designed and utilized in the elimination, control or prevention of
water pollution, the Idaho public utilities commission shall notify the Idaho
state tax commission of the percentage such property bears to the total
invested plant of the company and said portion shall be exempt from property
taxation. Said percentage reported to the Idaho state tax commission by the
Idaho public utilities commission may be contested by any person or party at a
public hearing held before the Idaho state tax commission.