Payment Of Mine License Tax

TITLE 47 MINES AND MINING CHAPTER 12 LICENSE TAX FOR PRIVILEGE OF MINING AND EXTRACTING ORES 47-1206. Payment of mine license tax. (1) Except as provided in subsection (2), the license tax imposed by this chapter shall be paid to the state tax commission on or before the due date of the return and the commission shall remit the sums to the state treasurer, who shall place fifty percent (50%) to the credit of the general fund of the state and fifty percent (50%) to the credit of the abandoned mine reclamation fund created by the provisions of section 47-1703 , Idaho Code. (2)  The license tax imposed by this chapter only on mining operations that include a cyanidation facility, as defined by section 47-1503 , Idaho Code, shall be paid to the state tax commission on or before the due date of the return and the commission shall remit the sums to the state treasurer, who shall place thirty-three percent (33%) to the credit of the general fund of the state, thirty-three percent (33%) to the credit of the cyanidation facility closure fund created by the provisions of section 47-1513 , Idaho Code, and thirty-four percent (34%) to the credit of the abandoned mine reclamation fund created by the provisions of section 47-1703 , Idaho Code.