{"data":{"id":"us-id/idaho-code-67-4724","jurisdiction":"us-id","citation":"Idaho Code § 67-4724","heading":"Return to the state.","body":"It is hereby recognized that the principal return to the state shall be in the form of increased tax revenues and increased job growth. A further return to the state is hereby provided as follows. Grants shall require the applicant to retain within its financing program all funds representing a return on principal until initial capitalization is doubled. Upon doubling capitalization and upon the approval of the department of finance, grantees shall distribute up to fifty per cent (50%) of profits on a pro rata basis to the state of Idaho. Any additional returns shall be governed by the terms of the grant.\nIn the event of dissolution of a grantee, distribution shall be made to the state and stockholders on a pro rata basis. The director of the department of commerce shall preside over liquidation proceedings in accordance with chapter 27, title 26, Idaho Code.","path":["TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS","CHAPTER 47 DEPARTMENT OF COMMERCE"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title67/t67ch47/sect67-4724/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:24:13Z","sha256":"311f5ee19d119f1617644a089c43939df73560acf4a933fa8fa56df3fe2ed4f7","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-67-4723a","next":"us-id/idaho-code-67-4732"},"notice":"GroundRules: Original legal text. Not legal advice."}