2014 Idaho Statutes
Title 63 - REVENUE AND TAXATION
Chapter 35 - COOPERATIVE ELECTRICAL ASSOCIATIONS -- TAXING GROSS EARNINGS
Section 63-3503B - FILING OPERATORS' STATEMENTS -- ALLOTMENT AND APPORTIONMENT OF TAX DUE FROM PRODUCERS OF ELECTRICITY BY MEANS OF WIND ENERGY OR GEOTHERMAL ENERGY BY STATE TAX COMMISSION.

63-3503B. Filing operators' statements -- Allotment and apportionment of tax due from producers of electricity by means of wind energy or geothermal energy by state tax commission. Every producer of electricity by means of wind energy or by means of geothermal energy in this state shall file with the state tax commission of the state of Idaho an operator's statement in the manner as provided for in section 63-404, Idaho Code, and shall include thereon a statement of the prior calendar year's gross wind energy earnings or gross geothermal energy earnings. Upon examining and verifying said statement, the state tax commission shall compute the amount of the wind energy tax or the geothermal energy tax based on the gross wind energy earnings or the gross geothermal energy earnings and shall allot to each county in which the operating property of such producer is situate either: that proportion of the total wind energy tax or that proportion of the total geothermal energy tax of such producer shown to be due as the same proportion that the total original cost of operating property situate in such county bears to the total original cost of operating property of such producer for the wind energy project or of such producer for the geothermal energy project. The state tax commission shall then, for each county, apportion the wind energy tax or geothermal energy tax so allotted to such county among the several taxing units thereof within which any operating property of such producer is situate, by apportioning to each such taxing unit that proportion of the wind energy tax or geothermal energy tax so allotted to such county. For such apportionment, the state tax commission shall calculate the weighted original cost which shall be the product of the original cost of such operating property within such taxing unit times such taxing unit's property tax levy for the prior year and the weighted apportionment rate which shall be the ratio of the wind energy tax or of the geothermal energy tax as the case may be, allotted to such county, to the aggregate weighted original cost for all such taxing units within which the operating property is located and then shall calculate the apportionment of the wind energy tax or geothermal energy tax for each such taxing unit to be equal to the product of the weighted original cost times the weighted apportionment rate. The state tax commission shall, on or before the second Monday in August, notify the state superintendent of public instruction, the county auditor, and the county treasurer of such allotment and apportionment and the amounts thereof. On or before the third Monday in August, the county auditor shall notify the appropriate taxing units of the amount of wind energy tax or the amount of the geothermal energy tax being apportioned.