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LEGISLATURE
OF
THE
STATE
OF
IDAHO
Sixty-eighth
Legislature
Second
Regular
Session
-
2026
IN
THE
HOUSE
OF
REPRESENTATIVES
HOUSE
BILL
NO.
722
BY
REVENUE
AND
TAXATION
COMMITTEE
AN
ACT
1
RELATING
TO
TAXATION;
AMENDING
SECTION
63
-
405,
IDAHO
CODE,
TO
REVISE
PRO
-
2
VISIONS
REGARDING
THE
ASSESSMENT
OF
OPERATING
PROPERTY;
AMENDING
SEC
-
3
TION
63
-
3502B,
IDAHO
CODE,
TO
REVISE
A
PROVISION
REGARDING
THE
LEVY
OF
4
TAX
ON
CERTAIN
ELECTRICAL
PRODUCTION
AND
RATE
-
REGULATED
ELECTRIC
UTIL
-
5
ITY
COMPANIES,
RATE
-
REGULATED
AFFILIATED
GAS
COMPANIES,
AND
RATE
-
REGU
-
6
LATED
GAS
COMPANIES;
AMENDING
SECTION
63
-
3503C,
IDAHO
CODE,
TO
REVISE
7
PROVISIONS
REGARDING
THE
CALCULATION,
COLLECTION,
ALLOTMENT,
AND
AP
-
8
PORTIONMENT
OF
TAX
DUE
FROM
RATE
-
REGULATED
ELECTRIC
UTILITY
COMPANIES,
9
RATE
-
REGULATED
AFFILIATED
GAS
COMPANIES,
AND
RATE
-
REGULATED
GAS
COM
-
10
PANIES
BY
THE
STATE
TAX
COMMISSION
AND
TO
ESTABLISH
THE
RATE
-
REGULATED
1
1
TAX
FUND;
AND
DECLARING
AN
EMERGENCY
AND
PROVIDING
RETROACTIVE
APPLICA
-
12
TION.
13
Be
It
Enacted
by
the
Legislature
of
the
State
of
Idaho:
14
SECTION
1.
That
Section
63
-
405,
Idaho
Code,
be,
and
the
same
is
hereby
15
amended
to
read
as
follows:
16
63
-
405.
ASSESSMENT
OF
OPERATING
PROPERTY.
(1)
The
state
tax
commis
-
17
sion
must
assess
taxable
operating
property
at
a
meeting
of
the
commission
18
convening
on
the
second
Monday
of
August
in
each
year
and
must
complete
the
19
assessment
of
such
property
on
the
fourth
Monday
in
August.
20
(2)
The
state
tax
commission
shall
determine
the
system
value
and
cal
-
21
culate
the
allocation
and
apportionment
of
the
system
value
for
taxable
op
-
22
erating
property
and
specifically
determine:
23
(a)
The
number
of
miles
and
the
value
per
mile
of
each
railroad
in
the
24
state
and
for
each
taxing
district
in
which
such
railroad
may
exist.
25
(b)
The
number
of
miles
and
the
value
per
mile
of
each
telephone
corpo
-
26
ration
in
the
state
and
for
each
taxing
district
in
which
such
telephone
27
corporation
may
exist.
28
(c)
The
number
of
miles
and
the
value
per
mile
of
each
pipeline
in
the
29
state
and
for
each
taxing
district
in
which
such
pipeline
may
exist.
30
(d)
The
number
of
miles
and
the
value
per
mile
of
each
water
company
31
under
the
jurisdiction
of
the
public
utilities
commission
in
the
state
32
and
for
each
taxing
district
in
which
such
water
company
may
exist.
The
33
value
per
mile
of
any
line
included
in
this
subsection,
except
rail
-
34
roads,
shall
be
determined
by
dividing
the
total
value
of
such
line
35
within
the
state
by
the
number
of
miles
of
such
line
within
the
state.
36
The
value
per
mile
of
railroad
line
shall
be
determined
by
apportionment
37
of
the
total
value
of
line
within
the
state.
The
apportionment
shall
38
be
based
twenty
percent
(20%)
on
the
ratio
of
line
miles
in
the
state
to
39
line
miles
in
the
county;
forty
percent
(40%)
on
the
ratio
of
net
ton
40
miles
in
the
state
to
net
ton
miles
in
the
county;
and
forty
percent
41
(40%)
on
the
ratio
of
station
revenues
in
the
state
to
station
revenues
42
2
in
the
county.
All
operating
property
of
railroads
shall
be
apportioned
1
to
the
counties
as
part
of
the
railroad
line
in
the
county.
The
appor
-
2
tionment
for
taxing
districts
shall
be
the
same
as
the
apportionment
3
among
counties.
4
(e)
The
system
value
of
private
railcar
fleets
entering
or
standing
in
5
Idaho
in
the
year
preceding
the
constituted
lien
as
provided
in
section
6
63
-
411(3),
Idaho
Code.
7
(f)
The
system
value
and
calculate
the
allocation
and
apportionment
of
8
the
system
value
for
all
other
taxable
operating
property.
9
(3)
For
rate
-
regulated
electric
utility
companies,
rate
-
regulated
10
affiliated
gas
companies,
and
rate
-
regulated
gas
companies
subject
to
tax
-
1
1
ation
as
provided
in
section
63
-
3502B(3)
or
(4),
Idaho
Code,
the
state
tax
12
commission
shall
determine
the
amount
of
such
tax
to
be
apportioned
to
each
13
county
separately
in
proportion
to
the
property
tax
levied
by
all
eligi
-
14
ble
taxing
districts
and
units
and
amounts
allocated
to
each
urban
renewal
15
agency
statewide
in
tax
year
2025
on
the
operating
property
of
rate
-
regu
-
16
lated
electric
utility
companies,
rate
-
regulated
affiliated
gas
companies,
17
and
rate
-
regulated
gas
companies.
The
2025
property
tax
amounts
levied
18
or
allocated
shall
be
certified
by
each
county
auditor
to
the
state
tax
19
commission
no
later
than
January
12,
2026.
The
state
tax
commission
shall
20
calculate
proportions
by
dividing
the
total
amount
so
reported
for
each
21
county
by
the
sum
of
all
such
amounts
for
all
eligible
taxing
districts
and
22
units
and
urban
renewal
agencies
statewide.
Taxing
districts,
units,
and
23
urban
renewal
agencies
are
eligible
for
a
proportion
of
this
tax
and
are
24
included
in
the
calculation
of
these
proportions,
provided
they
levied
prop
-
25
erty
tax
against
the
operating
property
of
rate
-
regulated
electric
utility
26
companies,
rate
-
regulated
affiliated
gas
companies,
and
rate
-
regulated
gas
27
companies
or
received
an
allocation
of
property
tax
paid
by
such
companies
28
for
tax
year
2025.
In
the
event
that
a
taxing
district
or
unit
or
urban
re
-
29
newal
revenue
allocation
area
dissolves
or
is
no
longer
present
in
a
county,
30
or
a
voter
approved
bond
expires,
the
proportions
for
each
taxing
district
in
31
each
affected
county
shall
be
changed
as
follows:
32
(a)
The
state
tax
commission
shall
reapportion
the
kilowatt
-
hour
and
33
thermal
energy
tax
revenue
that
would
have
accrued
to
the
dissolving
34
district
or
revenue
allocation
area
or
expiring
voter
approved
bond.
35
The
reapportioned
tax
shall
be
distributed
to
each
otherwise
eligible
36
taxing
district
and
revenue
allocation
area
in
the
county
with
bound
-
37
aries
that
overlapped
the
dissolved
district
or
revenue
allocation
area
38
or
expired
voter
approved
bond.
The
proportionate
share
for
each
taxing
39
district
and
revenue
allocation
area
shall
be
determined
by
dividing
40
the
current
distribution
to
that
district
and
revenue
allocation
area
41
by
the
total
distribution
to
all
districts
and
revenue
allocation
areas
42
that
overlap
the
dissolving
district
or
revenue
allocation
area.
43
(b)
Such
reapportionment
shall
be
made
in
the
year
immediately
follow
-
44
ing
the
year
of
the
dissolution
or
expiration
and
the
county
auditor
45
shall
be
notified
of
the
changed
proportions
no
later
than
the
first
46
Monday
in
March
of
that
year.
47
(c)
The
proportions
used
to
determine
the
amount
of
kilowatt
-
hour
tax
48
and
thermal
energy
tax
to
be
billed
to
rate
-
regulated
electric
utility
49
companies,
rate
-
regulated
affiliated
gas
companies,
and
rate
-
reg
-
50
3
ulated
gas
companies
and
payable
to
each
county
pursuant
to
section
1
63
-
3503C(2),
Idaho
Code,
shall
not
change.
2
(4)
At
least
once
Once
every
five
(5)
years,
commencing
with
the
five
3
(5)
year
period
beginning
January
1,
2026,
the
state
tax
commission
shall
4
examine
and
verify
the
investment
of
each
rate
-
regulated
electric
utility
5
company,
rate
-
regulated
affiliated
gas
company,
and
rate
-
regulated
gas
com
-
6
pany
in
each
county
and
shall
submit
a
report
to
the
legislature
that
details
7
each
county's
investment
in
relation
to
the
total
statewide
investment.
On
8
or
before
January
31
of
the
year
in
which
the
state
tax
commission
requires
9
such
report
for
the
applicable
five
(5)
year
period,
the
state
tax
commission
10
shall
notify
each
rate
-
regulated
electric
utility
company,
rate
-
regulated
1
1
gas
company,
and
rate
-
regulated
affiliated
gas
company
of
the
requirement
to
12
submit
the
report
by
April
15
of
that
year
for
the
investment
in
each
county
13
as
of
the
end
of
the
preceding
calendar
year.
14
(5)
If
the
value
of
property
of
any
company
assessable
under
this
sec
-
15
tion
is
of
such
a
nature
that
it
cannot
reasonably
be
apportioned
on
the
basis
16
of
rail,
wire,
and
pipeline
mileage,
such
as
microwave
and
radio
relay
sta
-
17
tions,
the
tax
commission
may
adopt
such
other
method
or
basis
of
apportion
-
18
ment
to
the
county
and
taxing
districts
in
which
the
property
is
situate
as
19
may
be
feasible
and
proper.
20
(6)
Any
departure
from
market
value
in
an
assessment
of
operating
prop
-
21
erty
made
to
ensure
compliance
with
federal
law
or
precedent
shall
be
consid
-
22
ered
an
exemption.
The
state
tax
commission
shall
identify
such
departures
23
from
market
value
in
their
appraisals
and
no
application
need
be
made
by
a
24
taxpayer
to
receive
such
exemption.
25
SECTION
2.
That
Section
63
-
3502B,
Idaho
Code,
be,
and
the
same
is
hereby
26
amended
to
read
as
follows:
27
63
-
3502B.
LEVY
OF
TAX
ON
WIND
ENERGY
PRODUCTION,
SOLAR
ENERGY
PRO
-
28
DUCTION,
GEOTHERMAL
ENERGY
ELECTRICAL
PRODUCTION,
RATE
-
REGULATED
ELECTRIC
29
UTILITY
COMPANIES,
RATE
-
REGULATED
AFFILIATED
GAS
COMPANIES,
AND
RATE
-
REGU
-
30
LATED
GAS
COMPANIES.
(1)
A
wind
energy
tax
or
a
geothermal
energy
tax
shall
31
be
levied
against
every
producer
of
electricity
by
means
of
wind
energy
or
32
geothermal
energy
in
the
amount
of
three
percent
(3%)
of
such
producer's
33
gross
wind
energy
earnings
or
geothermal
energy
earnings.
34
(2)
A
solar
energy
tax
shall
be
levied
against
every
producer
of
elec
-
35
tricity
by
means
of
solar
energy
in
the
amount
of
three
and
one
-
half
percent
36
(3.5%)
of
the
producer's
gross
solar
energy
earnings.
37
(3)
A
kilowatt
-
hour
tax
shall
be
levied
against
every
rate
-
regulated
38
electric
utility
company
operating
in
Idaho
on
all
such
electricity
and
39
electrical
energy
sold
to
retail
customers
in
Idaho,
as
reported
by
such
40
company
to
the
Idaho
public
utilities
commission;
however,
if
such
a
report
41
contains
kilowatt
-
hour
sales
data
for
another
state,
the
kilowatt
-
hour
tax
42
established
under
this
section
shall
not
be
applied
to
those
out
-
of
-
state
43
sales.
The
kilowatt
-
hour
tax
shall
be
nine
hundred
twenty
-
three
millionths
44
of
a
dollar
($0.000923)
per
kilowatt
-
hour
sold.
45
(4)(a)
A
thermal
energy
tax
shall
be
levied
against
every
rate
-
regu
-
46
lated
affiliated
gas
company
on
all
natural
gas
sold
to
retail
customers
47
in
Idaho
at
a
rate
of
ten
thousand
eight
hundred
two
millionths
of
a
dol
-
48
lar
($0.010802)
per
therm
of
natural
gas
sold.
49
4
(b)
A
thermal
energy
tax
shall
be
levied
against
every
rate
-
regulated
1
gas
company
on
all
natural
gas
sold
to
retail
customers
in
Idaho
at
2
a
rate
of
three
hundred
twenty
-
nine
hundred
-
thousandths
of
a
dollar
3
($0.00329)
per
therm
of
natural
gas
sold.
A
separate
thermal
energy
tax
4
shall
be
levied
against
every
rate
-
regulated
gas
company
on
all
nat
-
5
ural
gas
delivered
to
a
transport
gas
customer
at
a
rate
of
forty
-
one
6
hundred
-
thousandths
of
a
dollar
($0.00041)
per
therm
of
natural
gas
7
delivered
to
a
transport
gas
customer
by
a
rate
-
regulated
gas
company.
8
For
the
purposes
of
this
subsection,
"transport
gas
customer"
means
an
9
entity
that
purchases
gas
from
a
supplier
other
than
a
rate
-
regulated
10
gas
company
but
that
contracts
with
a
rate
-
regulated
gas
company
to
de
-
1
1
liver
gas
to
its
meter.
12
(5)
The
wind
energy
tax,
solar
energy
tax,
geothermal
energy
tax,
kilo
-
13
watt
-
hour
tax,
and
thermal
energy
tax
provided
in
this
section
shall
be
in
14
lieu
of
all
other
taxes
on
the
property
of
such
wind
energy
producer,
solar
15
energy
producer,
geothermal
energy
producer,
rate
-
regulated
electric
util
-
16
ity
company,
rate
-
regulated
affiliated
gas
company,
or
rate
-
regulated
gas
17
company
exempted
pursuant
to
section
63
-
602JJ,
Idaho
Code.
18
(6)
For
purposes
of
the
certification
required
by
section
63
-
803,
Idaho
19
Code,
and
the
limitations
provided
by
section
63
-
802,
Idaho
Code,
the
taxes
20
levied
pursuant
to
subsection
(2)
of
this
section
shall
reduce
the
property
21
tax
to
be
levied
to
finance
an
annual
budget
and
shall
not
be
included
in
the
22
amount
of
property
tax
revenues
to
finance
an
annual
budget
for
purposes
of
23
limitations
on
increases
in
the
annual
budget
as
provided
in
section
63
-
802,
24
Idaho
Code.
Kilowatt
-
hour
Estimated
kilowatt
-
hour
taxes
and
estimated
25
thermal
energy
taxes
apportioned
to
each
taxing
district
pursuant
to
section
26
63
-
3503C,
Idaho
Code,
shall
be
treated
as
property
tax
revenue
for
the
pur
-
27
poses
of
the
limitations
provided
in
section
63
-
802,
Idaho
Code.
28
(7)
By
January
1,
2027,
rate
-
regulated
electric
utility
companies,
29
rate
-
regulated
affiliated
gas
companies,
and
rate
-
regulated
gas
companies
30
shall
include
the
kilowatt
-
hour
and
thermal
energy
tax
on
the
billings
to
31
its
Idaho
customers.
The
public
utilities
commission
shall
adjust
the
base
32
tariff
rates
for
customers
to
the
extent
those
rates
included
a
recovery
of
33
property
taxes
on
operating
property
or
the
kilowatt
-
hour
taxes
or
thermal
34
energy
taxes
assessed
pursuant
to
this
section.
35
SECTION
3.
That
Section
63
-
3503C,
Idaho
Code,
be,
and
the
same
is
hereby
36
amended
to
read
as
follows:
37
63
-
3503C.
CALCULATION,
COLLECTION,
ALLOTMENT,
AND
APPORTIONMENT
OF
38
TAX
FROM
RATE
-
REGULATED
ELECTRIC
UTILITY
COMPANIES,
RATE
-
REGULATED
AFFILI
-
39
ATED
GAS
COMPANIES,
AND
RATE
-
REGULATED
GAS
COMPANIES
BY
STATE
TAX
COMMISSION
40
-
-
RATE
-
REGULATED
TAX
FUND
.
41
(1)
(a)
On
or
before
April
15
of
each
year
beginning
in
2026,
every
rate
-
42
regulated
electric
utility,
rate
-
regulated
affiliated
gas
company,
and
43
rate
-
regulated
gas
company
in
this
state
shall
file
with
the
state
tax
44
commission
a
statement
of
the
amount
of
its
kilowatt
-
hours
and
therms
45
sold
as
described
in
section
63
-
3502B(3)
and
(4),
Idaho
Code,
for
the
46
preceding
year,
and
for
rate
-
regulated
electric
utilities,
the
amount
47
of
kilowatt
-
hours
sold
during
the
preceding
year
for
furnishing
power
48
5
for
pumping
water
for
irrigation
or
drainage
purposes,
as
provided
by
1
section
63
-
3502C,
Idaho
Code.
2
(b)
Beginning
on
January
1,
2027,
and
on
On
or
before
April
15
September
3
15
of
each
year
thereafter
beginning
in
2026
,
every
rate
-
regulated
4
electric
utility,
rate
-
regulated
affiliated
gas
company,
and
rate
-
reg
-
5
ulated
gas
company
in
this
state
shall
file
with
the
state
tax
com
-
6
mission
a
statement
of
the
amount
of
its
kilowatt
-
hours
and
therms
7
sold
in
Idaho
for
the
preceding
calendar
year
as
described
in
section
8
63
-
3502B(3)
and
(4),
Idaho
Code,
for
the
six
(6)
months
of
January
9
through
June
of
the
current
year
,
and
for
rate
-
regulated
electric
util
-
10
ities,
the
amount
of
kilowatt
-
hours
sold
the
preceding
year
during
such
1
1
six
(6)
month
period
for
furnishing
power
for
pumping
water
for
irriga
-
12
tion
or
drainage
purposes,
as
provided
by
section
63
-
3502C,
Idaho
Code.
13
The
rate
-
regulated
electric
utilities,
rate
-
regulated
affiliated
gas
14
company,
and
rate
-
regulated
gas
companies
shall
also
provide
such
15
information
as
shall
be
necessary
for
the
state
tax
commission
to
re
-
16
determine
the
allocations
of
the
tax
as
required
in
section
63
-
405(4),
17
Idaho
Code.
Upon
examining
and
verifying
such
statement,
the
state
tax
18
commission
shall
compute
the
amount
of
the
tax
due
for
the
period
Jan
-
19
uary
through
June
of
the
current
year
using
the
rates
found
in
section
20
63
-
3502B(3)
and
(4),
Idaho
Code,
and
reduced
as
provided
in
section
21
63
-
3502C,
Idaho
Code,
for
rate
-
regulated
electric
utilities
eligible
22
for
such
exemption.
Such
tax
shall
be
billed
by
the
state
tax
commission
23
to
each
rate
-
regulated
electric
utility,
rate
-
regulated
affiliated
gas
24
company,
and
rate
-
regulated
gas
company
no
later
than
the
first
Monday
25
of
November
and
shall
be
due
and
payable
to
the
state
tax
commission
no
26
later
than
December
20.
Upon
receipt
of
such
tax
payments,
the
state
tax
27
commission
shall
promptly
pay
to
each
county
treasurer
the
proportion
-
28
ate
share
of
such
taxes
due
to
the
county
as
provided
in
this
section,
29
and
the
county
treasurer
shall
pay
such
amounts
to
eligible
taxing
30
districts,
units,
and
urban
renewal
agencies
as
also
provided
in
this
31
section.
32
(c)
On
or
before
April
15
of
each
year
beginning
in
2027,
every
33
rate
-
regulated
electric
utility,
rate
-
regulated
affiliated
gas
com
-
34
pany,
and
rate
-
regulated
gas
company
in
this
state
shall
file
with
the
35
state
tax
commission
a
statement
of
the
amount
of
its
kilowatt
-
hours
and
36
therms
sold
as
described
in
section
63
-
3502B(3)
and
(4),
Idaho
Code,
37
for
the
six
(6)
months
of
July
through
December
of
the
preceding
cal
-
38
endar
year,
and
for
rate
-
regulated
electric
utilities,
the
amount
of
39
kilowatt
-
hours
sold
for
the
six
(6)
months
of
July
through
December
of
40
the
preceding
year
for
furnishing
power
for
pumping
water
for
irriga
-
41
tion
or
drainage
purposes,
as
provided
by
section
63
-
3502C,
Idaho
Code.
42
The
rate
-
regulated
electric
utilities,
rate
-
regulated
affiliated
gas
43
companies,
and
rate
-
regulated
gas
companies
shall
also
provide
such
44
information
as
shall
be
necessary
for
the
state
tax
commission
to
comply
45
with
the
requirements
of
section
63
-
405(4),
Idaho
Code,
for
any
year
in
46
the
applicable
five
(5)
year
period
in
which
the
filing
of
such
infor
-
47
mation
is
required
by
that
section.
Upon
examining
and
verifying
such
48
statement,
the
state
tax
commission
shall
compute
the
amount
of
the
tax
49
due
for
the
period
July
through
December
of
the
preceding
year,
commenc
-
50
6
ing
with
2026,
using
the
rates
provided
in
section
63
-
3502B(3)
and
(4),
1
Idaho
Code,
and
reduced
as
provided
in
section
63
-
3502C,
Idaho
Code,
for
2
rate
-
regulated
electric
utilities
eligible
for
such
exemption.
Such
3
tax
shall
be
billed
by
the
state
tax
commission
to
each
rate
-
regulated
4
electric
utility,
rate
-
regulated
affiliated
gas
company,
and
rate
-
reg
-
5
ulated
gas
company
no
later
than
the
first
Monday
of
June
and
shall
be
6
due
and
payable
to
the
state
tax
commission
no
later
than
June
20.
Upon
7
receipt
of
such
tax
payments,
the
state
tax
commission
shall
promptly
8
pay
to
each
county
treasurer
the
proportionate
share
of
such
taxes
due
9
to
the
county
as
provided
in
this
section,
and
the
county
treasurer
10
shall
pay
such
amounts
to
eligible
taxing
districts,
units,
and
urban
1
1
renewal
agencies
as
also
provided
in
this
section.
12
(2)
Upon
the
calculation
of
taxes
determined
in
this
section,
and
By
13
no
later
than
the
third
first
Monday
of
May
July
of
each
year
,
the
state
tax
14
commission
shall
estimate
the
taxes
that
will
be
payable
for
the
current
15
calendar
year
by
taxpayers
subject
to
this
section,
using
the
information
16
from
the
preceding
year
provided
by
the
taxpayers
in
the
April
15
state
-
17
ments
required
pursuant
to
subsection
(1)(a)
of
this
section,
or
by
other
18
information
available
to
the
state
tax
commission.
The
state
tax
commission
19
shall
then
notify
each
county
treasurer
and
county
auditor
of
the
amount
of
20
estimated
taxes
due
to
the
county
and
each
taxing
district,
unit,
and
urban
21
renewal
agency
located
within
the
county
based
on
the
proportions
calculated
22
pursuant
to
section
63
-
405(3)
and
(4),
Idaho
Code.
Such
tax
shall
be
billed
23
by
the
state
tax
commission
to
each
rate
-
regulated
electric
utility
company,
24
rate
-
regulated
affiliated
gas
company,
and
rate
-
regulated
gas
company
no
25
later
than
the
fourth
Monday
of
May
and
due
and
payable
to
the
state
tax
com
-
26
mission
no
later
than
June
30.
Upon
receipt
of
such
tax
payments,
the
state
27
tax
commission
shall
promptly
pay
to
each
county
treasurer
the
proportionate
28
share
of
such
taxes
due
to
the
county
as
provided
in
this
section.
29
(3)
By
no
later
than
the
fourth
first
Monday
of
July
August
each
year,
30
each
county
auditor
shall
notify
each
taxing
district,
unit,
and
urban
re
-
31
newal
agency
of
the
estimated
amount
they
will
receive
.
By
the
fourth
Monday
32
of
August,
such
amounts
will
be
paid
based
on
the
calculations
provided
in
33
subsection
(2)
of
this
section.
Such
estimated
amount
shall
be
treated
as
34
property
tax
revenue
for
the
purposes
of
the
certification
required
by
sec
-
35
tion
63
-
803,
Idaho
Code,
and
the
limitations
provided
by
section
63
-
802,
36
Idaho
Code.
Amounts
received
by
each
county
will
be
distributed
by
the
37
county
auditor
to
each
eligible
taxing
district,
unit,
and
urban
renewal
38
agency
in
the
same
manner
as
property
tax
.
39
(4)
A
new
taxing
district
or
revenue
allocation
area
formed
after
Jan
-
40
uary
1,
2025,
shall
not
be
eligible
for
a
tax
distribution
pursuant
to
this
41
section.
42
(5)
If
any
taxing
districts
consolidate,
the
resulting
district
is
en
-
43
titled
to
a
tax
distribution
pursuant
to
this
section
equal
to
the
sum
of
the
44
tax
distributions
that
would
have
been
made
to
each
district
prior
to
consol
-
45
idation.
46
(6)
Any
taxes
levied
pursuant
to
this
section
and
not
paid
by
June
30
the
47
due
dates
provided
in
subsection
(1)
of
this
section
shall
become
delinquent
48
and
a
penalty
of
five
percent
(5%)
thereof
shall
be
imposed,
together
with
49
7
interest
at
the
rate
of
one
percent
(1%)
per
month
from
June
30
those
dates
1
until
paid.
2
(7)
All
taxes
due
and
payable
under
this
section
shall
be
a
lien
on
all
3
property,
real
and
personal,
of
the
rate
-
regulated
electric
utility
com
-
4
pany,
rate
-
regulated
affiliated
gas
company,
or
rate
-
regulated
gas
company
5
as
of
June
30
of
each
year
the
due
dates
provided
in
subsection
(1)
of
this
6
section
and
shall
be
discharged
only
by
the
payment
thereof.
In
any
action
to
7
enforce
payment
of
any
delinquent
taxes
due
under
this
section,
the
county
8
pursuing
such
action
shall
be
entitled
to
a
judgment
for
the
reasonable
costs
9
of
prosecuting
such
action,
as
well
as
for
the
delinquent
taxes,
penalty,
and
10
interest.
1
1
(8)
If
a
rate
-
regulated
electric
utility,
rate
-
regulated
affiliated
12
gas
company,
or
rate
-
regulated
gas
company
fails
to
file
the
statement
of
13
kilowatt
-
hours
or
therms
sold
in
Idaho
required
pursuant
to
subsection
(1)
14
of
this
section,
the
state
tax
commission
shall
use
the
best
available
infor
-
15
mation
to
determine
the
kilowatt
-
hours
or
therms
sold
in
Idaho.
16
(9)
There
is
hereby
created
in
the
state
treasury
the
rate
-
regulated
17
tax
fund.
The
fund
shall
consist
of
all
moneys
received
by
the
state
tax
com
-
18
mission
pursuant
to
this
section,
which
shall
be
deposited
into
the
fund,
and
19
such
other
moneys
that
may
be
provided
by
legislative
appropriation.
Moneys
20
in
the
fund
are
hereby
continuously
appropriated
for
disbursement
to
the
ap
-
21
propriate
county
treasurer
as
provided
in
this
section.
22
SECTION
4.
An
emergency
existing
therefor,
which
emergency
is
hereby
23
declared
to
exist,
this
act
shall
be
in
full
force
and
effect
on
and
after
its
24
passage
and
approval,
and
retroactively
to
January
1,
2026.
25