Section 10-46C-4 - Rate of tax on new or expanded power production facilities. - South Dakota Statutes

10-46C-4. Rate of tax on new or expanded power production facilities. Notwithstanding the rate of taxation imposed by §§ 10-46A-1 and 10-46B-1, the tax imposed under chapters 10-46A and 10-46B on a new or expanded facility shall be imposed at a rate of one percent, and remitted to the state by the holder of the permit issued pursuant to § 10-46C-6.

Source: SL 2002, ch 65, § 4.