ID H0175

Removes subsection (h) from Section 14-523, Idaho Code, which previously required transfer of inheritance taxes determined to be due and payable to the inheritance tax account.

Maintains existing provisions for depositing unclaimed property funds into the unclaimed property account and transferring specified amounts to the public school permanent endowment fund.

Preserves continuous appropriation of unclaimed property account funds to the state treasurer for claims, refunds, appraisals, bonds, advertising costs, and other specified purposes related to unclaimed property administration.

Retains the requirement that monthly transfers of unclaimed property account funds exceeding $250,000 be made to the general fund, with public records maintained of entitled persons.

Amends Section 14-525 to correct code reference from section 14-503(3)(b) to section 14-504 regarding travelers checks, money orders, and similar instruments subject to abandoned property claims by other states.