2005 Idaho Code - 63-3067C — SUNSETTING DESIGNATIONS

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 30
                                  INCOME TAX
    63-3067C.  SUNSETTING DESIGNATIONS. (1) The designations referred to in
section 63-3067A or 63-3067B, Idaho Code, shall expire and no longer appear on
the income tax return form when:
    (a)  For each of two (2) consecutive calendar years, the amount received
    by the state tax commission that is designated for a particular trust fund
    named in section 63-3067A or 63-3067B, Idaho Code, fails to equal or
    exceed twenty-five thousand dollars ($25,000); and
    (b)  After one (1) year when collections fail to equal or exceed
    twenty-five thousand dollars ($25,000), the tax commission has notified
    the appropriate agency that:
         (i)   The amount received by the state tax commission that is
         designated for that particular trust fund failed to equal or exceed
         twenty-five thousand dollars ($25,000); and
         (ii)  If the amount received by the state tax commission that is
         designated for the particular trust fund in the next subsequent year
         fails to equal or exceed twenty-five thousand dollars ($25,000).
    (2)  As used in this section, "appropriate agency" means the agency of the
state of Idaho that is responsible for administering the programs benefiting
from the fund to which amounts designated under section 63-3067A or 63-3067B,
Idaho Code, are distributed. If no agency of the state of Idaho has such
responsibility, the term means such other private or public entity that is the
principal beneficiary of the funds.