Idaho Code § 63-1608

Current through the 2024 Regular Session
Section 63-1608 - LAPSE OF UNUSED CREDIT

If for any reason during the impact period the taxpayer should cease business operations and the credits accumulated for prepaid ad valorem taxes have not been completely set off against taxes due, the balance of the unused credit shall be forfeited, and the county and taxing districts shall be under no obligation to pay off the unused credits.

Idaho Code § 63-1608

[63-1608, added 1980, ch. 226, sec. 1, p. 507.]