US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 37
                              INTERSTATE COMPACT
    63-3709.  MULTISTATE TAX COMPACT ACCOUNT -- CREATION -- APPROPRIATIONS.
(a) There is hereby created in the office of the state treasurer and subject
to his control and custody in the state operating fund an account to be known
and designated as the "Multistate Tax Compact Account."
    (b)  All moneys collected as a direct result of audits or compliance
activities conducted by the multistate tax commission or by employees of the
state tax commission whose salaries are appropriated from the multistate tax
compact account shall be paid by the state tax commission into the multistate
tax compact account.
    (c)  Upon receipt by the state tax commission of the budget of the
multistate tax commission, and the statement of Idaho's share of such budget
to be appropriated, the state tax commission shall review said budget and
Idaho's share, and shall determine compliance or noncompliance of said budget
and share with section 4(b) of article VI of the multistate tax compact. Upon
reviewing said budget and Idaho's share thereof, the state tax commission
shall, on or before February 1 of each year, certify to the Senate finance
committee, the House appropriations committee, the Senate local government and
taxation committee, and the House revenue and taxation committee, that the
budget and Idaho's share thereof either comply or do not comply with the
provisions of section 4(b) of article VI of the multistate tax compact. Unless
the legislature determines otherwise prior to adjournment, the amounts which
the state tax commission has certified as complying with section 4(b) of
article VI are hereby continually appropriated from the multistate tax compact
account to the multistate tax commission.
    (d)  If, at any time, the funds in the multistate tax compact account
exceed one hundred and ten percent (110%) of the most recent continuing annual
appropriation to the multistate tax commission, the excess thereof shall be
transferred to the general account.
    (e)  Payments to the multistate tax commission from the multistate tax
compact account shall be made only with the approval of the state tax
commission.