Section 10-45B-1.3 - Criteria for expansion of existing building or structure. - South Dakota Statutes

10-45B-1.3. Criteria for expansion of existing building or structure. For the purposes of this chapter, to qualify for the refund, the expansion of an existing building or structure shall meet the following criteria:
(1) The expansion shall significantly increase the floor space of an existing building or an existing structure; and
(2) The expansion shall consist of a single project rather than an ongoing, systematic process of upgrading, retooling, or modernizing the existing building or structure.

Source: SL 2007, ch 61, § 1.