US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 25
                            CIGARETTE AND TOBACCO
                                PRODUCTS TAXES
    63-2520.  DISTRIBUTION OF MONEYS COLLECTED. Revenues received from the
taxes imposed by this chapter, and any revenues received from licenses,
permits, penalties, interest, or deficiency additions, shall be distributed by
the tax commission as follows:
    (a)  An amount of money shall be distributed to the state refund account
sufficient to pay current refund claims. All refunds authorized under this
chapter by the commission shall be paid through the state refund account, and
those moneys are continuously appropriated.
    (b)  On and after July 1, 2005, the balance remaining with the state
treasurer after deducting the amount described in subsection (a) of this
section shall be distributed as follows:
    (1)  17.3% of such balance shall be distributed to the permanent building
    fund created by section 57-1108, Idaho Code.
    (2)  0.4% of such balance shall be distributed to the central tumor
    registry account. The amount of money so distributed to the central tumor
    registry account shall not exceed the fiscal year's appropriation, and at
    such time as the appropriation has been distributed to the central tumor
    registry account during any fiscal year, all such distributions in excess
    of the appropriation shall be made instead to the general fund of the
    state of Idaho.
    (3)  1% of such balance shall be distributed to the cancer control account
    created by section 57-1702, Idaho Code. Revenues received in the cancer
    control account shall be paid over to the state treasurer by the state tax
    commission to be distributed as follows:
         (i)   Such amounts as are appropriated for purposes specified in
         section 57-1702, Idaho Code, shall be expended as appropriated;
         (ii)  Any balance remaining in the cancer control account on June 30
         of any fiscal year after the amounts withdrawn by appropriation have
         been deducted, shall be reserved for transfer to the general fund on
         July 1 and the state controller shall order such transfer.
    (4)  An amount equal to the annual general fund appropriation for bond
    levy equalization, pursuant to section 33-906, Idaho Code, shall be
    annually distributed to the general fund.
    (5)  All remaining moneys shall be distributed as follows: For the fiscal
    year commencing July 1, 2005, and ending June 30, 2006, all moneys shall
    be distributed to the economic recovery reserve fund created by section
    67-3520, Idaho Code. For fiscal years on and after July 1, 2006, all
    moneys shall be distributed to the permanent building fund with the moneys
    to be used for the repair, remodel and restoration of the state capitol
    building and state facilities pertaining to the capitol restoration until
    such time as the capitol restoration is adequately funded as certified by
    the director of the department of administration. Thereafter all moneys
    shall be distributed to the economic recovery reserve fund created by
    section 67-3520, Idaho Code.