36 §4606. Transfers of money received
Title 36: TAXATION
Part 7: SPECIAL TAXES
Chapter 710: POTATO INDUSTRY
§4606. Transfers of money received
Money received by the Treasurer of State under this chapter, including all receipts of taxes levied under section 4605, must be transferred to the board in its capacity as an independent agency on a monthly basis and used for all activities of the board authorized under this chapter. The board shall pay a sum to the State Tax Assessor representing the actual cost incurred by the State in collecting the taxes, except that the sum paid to the State Tax Assessor for collecting taxes may not be greater than 5% of the total tax collected annually. Notwithstanding section 4603, subsection 1, money received by the Treasurer of State under this chapter, including all receipts of taxes levied under section 4605, must be allocated or appropriated to the board by the Legislature. [2005, c. 176, §5 (AMD).]
1. Collection and enforcement.
[ 1995, c. 502, Pt. C, §18 (RP) .]
2. Board's activities.
[ 1995, c. 502, Pt. C, §18 (RP) .]
Money received by the Treasurer of State under this chapter, including all receipts of taxes levied under section 4605, may be appropriated and used for a one-time only transfer of funds to the Seed Potato Board, established by Title 7, chapter 403, equal to the Seed Potato Board's budget deficit for the fiscal year ending June 30, 1991 or $40,000, whichever is less. [1991, c. 376, §59 (NEW).]
SECTION HISTORY
1985, c. 753, §§14,15 (NEW). 1991, c. 376, §59 (AMD). 1995, c. 502, §C18 (AMD). 1995, c. 702, §2 (AMD). 1995, c. 702, §4 (AFF). 2005, c. 176, §5 (AMD).