South Dakota Statutes
§ 10-39A-8 — Proceeds distributed.
All taxes, interest and penalties imposed and collected by the secretary under this chapter shall be distributed as follows:
(1)One-half shall be returned to the county in which the energy minerals or mineral products were severed; and (2) One-half share shall be paid into the state treasury and credited to the general fund.
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Legislative History
SL 1978, ch 81, §§ 11, 12; SL 1979, ch 77, §§ 4, 5; SL 1981, ch 96; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2007, ch 28, § 1; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011; SL 2021, ch 49, § 3.
Nearby Sections
15
§ 10-1-1.1
, 10-1-2§ 10-1-13
General functions of secretary.§ 10-1-13.1
Interstate agreements for administration of excise and income taxes--Exchange of information.§ 10-1-15
General supervision of assessment of property for taxation--Forms--Classification of property.§ 10-1-16
Advice and direction to directors of equalization and boards--Instructional meetings of directors.§ 10-1-16.1
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