67-1-303: Airline property tax -- state airports.

(1) Within 30 days of receipt, the county treasurer shall transmit to the department of revenue 90% of the property tax collected on property of airline companies by reason of a state airport being located in the county.

(2) The department of revenue shall place the money in the aeronautics operations account provided for in 67-1-308 for the purposes provided for in 67-1-301(3)(a).