41-4012. TAXES. (1) Each self-funded plan required to be registered under this chapter is subject to the tax as provided in this section. Each registered self-funded plan, and each formerly registered plan with respect to beneficiaries in this state while so registered, shall simultaneously with the filing of its annual statement with the director, pay to the director a tax computed at the rate of four cents (4¢) per month per beneficiary covered by the plan during the fiscal year of the annual statement with respect to all beneficiaries working or resident in this state. Any plans operating in Idaho without proper registration shall be subject to back taxes for all years the plan was in operation plus all other sanctions authorized by law.
(2) All excise, privilege, franchise, income, license and similar taxes, licenses and fees are hereby preempted from imposition upon self-funded plans and on the intangible property of their trust funds; and no county, city, municipality, district, school district, or other political subdivision or agency of Idaho shall levy upon such plans or trust funds any such tax, license or fee additional to those set forth in this chapter.
(3) The tax imposed on self-funded plans in subsection (1) of this section, together with the fees imposed on such plans as set forth in this chapter, shall be in lieu of any and all income taxes and other excise taxes, licenses and fees payable to the state of Idaho. No self-funded plan shall be required to file any tax returns or comply with any provisions governing such income taxes and other excise taxes, licenses and fees payable to the state of Idaho.
(4) The director shall promptly remit all such tax payments received by him pursuant to this section to the state treasurer for credit to the state general fund.
History:
[41-4012, added 1974, ch. 248, sec. 12, p. 1624; am. 1982, ch. 252, sec. 3, p. 645; am. 2006, ch. 414, sec. 11, p. 1265; am. 2013, ch. 181, sec. 12, p. 429.]
Structure Idaho Code
Chapter 40 - SELF-FUNDED HEALTH CARE PLANS
Section 41-4001 - DECLARATION OF PURPOSE.
Section 41-4002 - DEFINITIONS.
Section 41-4003 - REGISTRATION REQUIRED — EXEMPTIONS — NOT SUBJECT TO INSURANCE CODE.
Section 41-4004 - PLAN REQUIREMENTS.
Section 41-4005 - APPLICATION FOR REGISTRATION — FEE.
Section 41-4006 - GRANT OR DENIAL OF REGISTRATION.
Section 41-4007 - TRUST FUND — AUTHORITY.
Section 41-4008 - TRUST FUND LIABILITY — FIDUCIARY FUNDS.
Section 41-4009 - INVESTMENT OF TRUST FUND.
Section 41-4010 - RESERVES AND SURPLUS.
Section 41-4011 - RECORDS AND ACCOUNTS — ANNUAL STATEMENT.
Section 41-4013 - EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS.
Section 41-4014 - TRUSTEES — ADMINISTRATORS — BONDING.
Section 41-4015 - PROHIBITED PECUNIARY INTERESTS IN PLAN MANAGEMENT.
Section 41-4016 - POLITICAL CONTRIBUTIONS PROHIBITED.
Section 41-4017 - RECOVERY OF DEPLETED FUNDS.
Section 41-4018 - TERMINATION OF REGISTRATION.
Section 41-4019 - LIQUIDATION OF TRUST FUND.
Section 41-4021 - OTHER PROVISIONS APPLICABLE.
Section 41-4023 - COVERAGE FROM MOMENT OF BIRTH — COMPLICATIONS OF PREGNANCY.
Section 41-4024 - SERVICES PROVIDED BY GOVERNMENTAL ENTITIES.