South Dakota Statutes

§ 10-35-1.10 — Promulgation of rules on environmental upgrade exemption.

South Dakota § 10-35-1.10
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-35TAXATION OF ELECTRIC, HEATING, WATER AND GAS COMPANIES

This text of South Dakota § 10-35-1.10 (Promulgation of rules on environmental upgrade exemption.) 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 § 10-35-1.10 (2026).

Text

The secretary of the Department of Revenue may promulgate rules, pursuant to chapter 1-26 , concerning this exemption to:

(1)Specify the real and personal property that makes up an environmental upgrade;
(2)Determine the original and depreciated cost of the environmental upgrade;
(3)Establish a procedure to calculate the effect of the exemption upon the assessed value of the coal-fired power plant; and (4) Allocate the exemption between the ownership of the coal-fired power plant. Commission Note: This section is repealed effective January 1, 2046, pursuant to SL 2013, ch 51, § 2.

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Legislative History

SL 2006, ch 44, § 4; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.

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Bluebook (online)
South Dakota § 10-35-1.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-35-1.10.