59-10-544. General powers and duties of the commission -- Deposit, distribution, or credit of revenues -- Refund reverts to state under certain circumstances.
(1) The commission shall administer and enforce a tax imposed under this chapter for which purpose it may divide the state into districts in each of which a branch office of the commission may be maintained. A county may not be divided in forming a district.
(2) The commission shall deposit at least quarterly all revenue collected or received by the commission under this chapter with the state treasurer. Subject to Sectionsand, the commission shall distribute and credit, at least quarterly and based on a pro rata share of Income Tax Fund and Uniform School Fund appropriations for the current fiscal year, the revenue described in Subsectionto: 59-10-529 59-10-531 (2)(a) the Income Tax Fund; and the Uniform School Fund in accordance with Section. 53F-9-201.1 The commission may credit to or draw from the Income Tax Fund and the Uniform School Fund: annually to adjust for differences between estimates and actual amounts; or in the proportion described in Subsectionto issue a refund. (2)(b) If a refund the commission makes is not claimed within two years from the date the commission issues the refund: the refund reverts to the state to be credited to the Income Tax Fund; and no further claim may be made on the commission for the amount of the refund.