US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 16
                             PREPAYMENT OF TAXES
    63-1603.  HEARING AND ORDER. (1) On receipt of a petition from a taxpayer
pursuant to section 63-1602, Idaho Code, the board of county commissioners
shall:
    (a)  Within five (5) days of receipt of such petition, forward a copy of
    the petition to the chairman of the governing board of each taxing
    district in which any part of the property of the taxpayer is or will be
    situated during the term of the impact period; and
    (b)  Within thirty (30) days of receipt of such petition hold one or more
    public hearings at which the taxpayer, all taxing districts to which the
    petition was forwarded, and interested persons may appear and be heard
    relative to the impact on public facilities in such county and the matters
    contained in the taxpayer's petition.
    (2)  Within fifteen (15) days after the close of the hearings, the board
shall enter an order either granting or denying the petition.
    (a)  If the petition is denied, the taxpayer may not reapply or file a new
    petition until the start of the next tax year.
    (b)  If the petition is granted, the board shall enter an order declaring:
         (i)  That the taxpayer intends to engage in or is engaged in new
         business operations in the county and that such operations will have
         an impact on public facilities in the county;
         (ii)  That the taxpayer has or will have taxable property in the
         county and taxing districts during the term of the impact period;
         (iii)  That the taxpayer be allowed to prepay a portion, but not to
         exceed fifty percent (50%) of the estimated ad valorem taxes that
         will accrue during the term of the impact period, and receive ad
         valorem tax credits for such prepaid taxes, in accordance with the
         provisions of this chapter; and
         (iv)  That a local impact committee be created.