67-4737. IDAHO REIMBURSEMENT INCENTIVE ACT — SHORT TITLE — LEGISLATIVE INTENT. Sections 67-4737 through 67-4744, Idaho Code, shall be known and may be cited as the "Idaho Reimbursement Incentive Act." The Idaho legislature finds that in order to compete more effectively in a national and global marketplace for economic expansion, business retention and job creation, a number of states, including Idaho, have deemed it necessary to create economic-based incentives for the creation of quality jobs. Further, the Idaho legislature desires to create the Idaho reimbursement incentive act to be a performance-based tax reimbursement mechanism available to existing Idaho businesses and new businesses creating jobs in Idaho when the same are in good standing in the state of Idaho.
History:
[67-4737, added 2014, ch. 336, sec. 1, p. 828.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 47 - DEPARTMENT OF COMMERCE
Section 67-4701 - DEPARTMENT OF COMMERCE CREATED.
Section 67-4702 - AUTHORITY AND DUTIES OF THE DIRECTOR.
Section 67-4703 - POWERS AND DUTIES.
Section 67-4703A - FOREIGN TRADE ZONES.
Section 67-4704 - ECONOMIC ADVISORY COUNCIL — APPOINTMENT OF MEMBERS — QUALIFICATIONS.
Section 67-4705 - IDAHO DEVELOPMENT AND PUBLICITY ACCOUNT.
Section 67-4706 - COMMUNITY AFFAIRS FUNCTIONS AND RESPONSIBILITIES OF THE DEPARTMENT.
Section 67-4707 - FUNDS OF DEPARTMENT.
Section 67-4708 - BUSINESS RECORDS.
Section 67-4710 - DECLARATION OF POLICY.
Section 67-4711 - DEFINITIONS.
Section 67-4712 - IDAHO TRAVEL AND CONVENTION INDUSTRY COUNCIL — CREATED — APPOINTMENT OF MEMBERS.
Section 67-4713 - MEMBERS’ QUALIFICATIONS — TERM OF OFFICE — CONFLICT OF INTEREST.
Section 67-4714 - MEETINGS OF THE COUNCIL.
Section 67-4715 - DUTIES AND POWERS OF THE COUNCIL.
Section 67-4716 - ADMINISTRATIVE EXPENSES — LIMITATION.
Section 67-4717 - REGIONAL AND STATEWIDE GRANT PROGRAM.
Section 67-4718 - ASSESSMENT — COUNCIL ACCOUNT.
Section 67-4720 - TOURIST INFORMATION SIGNS.
Section 67-4722 - ECONOMIC DEVELOPMENT FINANCING ACCOUNT.
Section 67-4723 - GRANTS — STANDARDS AND ADMINISTRATION.
Section 67-4723A - IDAHO SMALL BUSINESS FEDERAL FUNDING ASSISTANCE ACT — FUND CREATED.
Section 67-4724 - RETURN TO THE STATE.
Section 67-4725 - IDAHO GLOBAL ENTREPRENEURIAL MISSION GRANT FUND.
Section 67-4729 - DEPARTMENT OF COMMERCE AND IGEM COUNCIL RULES AND RESPONSIBILITIES.
Section 67-4730 - IDAHO GLOBAL ENTREPRENEURIAL MISSION (IGEM) RESEARCH.
Section 67-4731 - COMMERCIALIZATION REVENUE DISTRIBUTION.
Section 67-4732 - IDAHO OPPORTUNITY FUND — SHORT TITLE — LEGISLATIVE INTENT.
Section 67-4733 - DIRECTOR RULEMAKING AUTHORITY.
Section 67-4734 - IDAHO OPPORTUNITY FUND.
Section 67-4735 - AGREEMENTS REQUIRED AND DISBURSEMENT OF FUNDS.
Section 67-4736 - ANNUAL REPORT BY DIRECTOR.
Section 67-4737 - IDAHO REIMBURSEMENT INCENTIVE ACT — SHORT TITLE — LEGISLATIVE INTENT.
Section 67-4738 - DEFINITIONS.
Section 67-4739 - APPLICATION — PROCESS — AGREEMENTS — REIMBURSEMENT.
Section 67-4740 - AGREEMENT WITH APPLICANT.
Section 67-4741 - APPLICANT’S ANNUAL REPORTING PROCEDURE.
Section 67-4742 - ANNUAL REPORTING BY DEPARTMENT.
Section 67-4743 - SUSPENSION OF IDAHO REIMBURSEMENT INCENTIVE ACT.
Section 67-4744 - DIRECTOR RULEMAKING AUTHORITY.