Idaho Bills

Amends existing law to provide for the deposit of moneys collected from the federal government pursuant to the Federal Power Act.

Like moneys received from the federal government pursuant to Payments in Lieu of Taxes (PILT) Act, Chapter 69, Title 31 U.S. Code, the state receives moneys from the Federal Energy Regulatory Commission for the use of federal land by FERC licensees pursuant to the Federal Power Act, Chapter 12, Title 16 U.S. Code. The purpose of this legislation is to update Idaho Code so that the receipt of such moneys are remitted in a manner consistent with similar receipts arising from the sale, royalties, bonuses or rental of energy resources on federal lands.