67-7439. TAXES. Income taxes shall only be imposed on lottery prizes received from lottery tickets purchased after the effective date of this act. Lottery prizes awarded by the Idaho state lottery under six hundred dollars ($600) shall not be subject to the state income tax. No taxes of any kind whatsoever shall be imposed upon the sale, purchase, storage, use or other consumption of Idaho lottery tickets or shares, or upon equipment, devices or systems directly used in the production, operation, sales, distribution, tracking, drawing, accounting, communication of or computation of lottery games.
The state lottery shall pay to a city, county, the state or any political subdivision or municipality thereof in which the state lottery occupies a premises owned by the state a grant not to exceed the amount that would be payable as taxes on the property in that year, if the property were not exempt from taxation.
History:
[67-7439, added 1988, ch. 232, sec. 2, p. 458; am. 1989, ch. 352, sec. 23, p. 891; am. 1997, ch. 382, sec. 2, p. 1238; am. 1998, ch. 51, sec. 5, p. 205.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 74 - IDAHO STATE LOTTERY
Section 67-7402 - IDAHO LOTTERY AGENCY CREATED.
Section 67-7403 - INITIATION AND OPERATION OF THE LOTTERY.
Section 67-7404 - DEFINITIONS.
Section 67-7405 - COMMISSION — APPOINTMENT — CHAIRMAN.
Section 67-7406 - QUORUM — MEETINGS — MINUTES — COMPENSATION.
Section 67-7408 - POWERS AND DUTIES OF THE COMMISSION.
Section 67-7409 - POWERS AND DUTIES OF THE DIRECTOR.
Section 67-7410 - DIRECTOR OF LOTTERY SECURITY.
Section 67-7411 - CONTRACTING WITH LOTTERY GAME RETAILERS.
Section 67-7412 - SELECTION OF LOTTERY GAME RETAILERS.
Section 67-7413 - TERMINATION OF THE LOTTERY GAME RETAILER.
Section 67-7414 - COMPENSATION FOR LOTTERY GAME RETAILERS.
Section 67-7415 - SALES TO PERSONS UNDER THE AGE OF EIGHTEEN.
Section 67-7416 - DISPLAY OF CERTIFICATE OF AUTHORITY.
Section 67-7417 - LOTTERY GAME RETAILER BONDING.
Section 67-7418 - LOTTERY GAME RETAILER ACCOUNTING.
Section 67-7419 - LOTTERY GAME RETAILER PAYMENTS.
Section 67-7420 - CONTRACTS FOR MAJOR PROCUREMENTS.
Section 67-7421 - LOTTERY VENDOR DISCLOSURES FOR MAJOR PROCUREMENTS.
Section 67-7422 - SEPARATION OF VENDORS AND RETAILERS.
Section 67-7423 - ENFORCEABILITY OF CONTRACTS.
Section 67-7424 - INFORMATION UNDER OATH.
Section 67-7425 - MISSTATEMENTS OR OMISSIONS.
Section 67-7426 - COMPLIANCE WITH APPLICABLE LAWS.
Section 67-7427 - VENDOR PERFORMANCE BONDS.
Section 67-7428 - STATE LOTTERY ACCOUNT.
Section 67-7429 - PROHIBITION ON USE OF STATE FUNDS.
Section 67-7431 - CASH RECEIPTS.
Section 67-7432 - CASH DISBURSEMENTS.
Section 67-7433 - PRIZE EXPENSE.
Section 67-7434 - LOTTERY DIVIDENDS.
Section 67-7435 - REIMBURSEMENTS FOR GOVERNMENT SERVICES.
Section 67-7438 - PRIZE CLAIMING PERIOD.
Section 67-7440 - RESTRICTED PLAYERS.
Section 67-7442 - OPEN PUBLIC MEETINGS OF THE COMMISSION.
Section 67-7443 - CONFLICT OF INTEREST.
Section 67-7444 - LIMITATION ON ACTIONS.
Section 67-7445 - CONDITIONS OF PURCHASE.
Section 67-7446 - RESTRICTIONS.
Section 67-7447 - LAWFUL ACTIVITY.
Section 67-7448 - PROHIBITED ACTS — PENALTIES.
Section 67-7449 - CAP ON ADMINISTRATIVE COSTS.
Section 67-7450 - AUDIT OF FUNDS — REPORTS.
Section 67-7451 - LOTTERY EXEMPT FROM STATE PROCUREMENT ACT.