South Dakota Statutes
§ 10-47B-40 — Percent of remitted tax liquid petroleum vendor allowed to retain.
South Dakota § 10-47B-40
This text of South Dakota § 10-47B-40 (Percent of remitted tax liquid petroleum vendor allowed to retain.) 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 § 10-47B-40 (2026).
Text
Any liquid petroleum vendor who properly remits tax under this chapter may retain an amount equal to the percentage of tax remitted as follows:
(1)Two percent of the first twenty - five thousand gallons taxed each month;
(2)One percent on the gallons taxed in excess of twenty - five thousand each month;
(3)The maximum amount retained each month shall be five hundred dollars.
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Legislative History
SL 1995, ch 71, § 40.
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Bluebook (online)
South Dakota § 10-47B-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-47B-40.