South Dakota § 1-16G-57 Reinvestment payment procedure.

South Dakota Statutes

§ 1-16G-57 — Reinvestment payment procedure.

South Dakota § 1-16G-57

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16FECONOMIC DEVELOPMENT

This text of South Dakota § 1-16G-57 (Reinvestment payment procedure.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 1-16G-57 (2026).

Text

If the projects costs for a new or expanded facility exceeds twenty million dollars or the projects costs for equipment upgrades exceeds two million dollars, a person may apply for a reinvestment payment pursuant to §§ 1-16G-56 to 1-16G-68 , inclusive. The person shall:

(1)Timely file an application as required by § 1-16G-58 ;

(2)Receive a permit from GOED pursuant to § 1-16G-60 ;

(3)Timely file the affidavit of reinvestment payment as required by § 1-16G-61 ; and (4) Comply with the provisions of §§ 1-16G-56 to 1-16G-68 , inclusive, to qualify for the reinvestment payment. A project with a construction date on or after April 1, 2013, may receive a reinvestment payment as provided by §§ 1-16G-56 to 1-16G-68 , inclusive.

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If the projects costs for a new or expanded facility exceeds twenty million dollars or the projects costs for equipment upgrades exceeds two million dollars, a person may apply for a reinvestment payment pursuant to §§ 1-16G-56 to 1-16G-68 , inclusive. The person shall: (1) Timely file an application as required by § 1-16G-58 ; (2) Receive a permit from GOED pursuant to § 1-16G-60 ; (3) Timely file the affidavit of reinvestment payment as required by § 1-16G-61 ; and (4) Comply with the provisions of §§ 1-16G-56 to 1-16G-68 , inclusive, to qualify for the reinvestment payment. A project with a construction date on or after April 1, 2013, may receive a reinvestment payment as provided by §§ 1-16G-56 to 1-16G-68 , inclusive.