Section 10-46D-3 - Requirements for refund. - South Dakota Statutes

10-46D-3. Requirements for refund. The refund of taxes for a production pertains only to project costs incurred and paid after July 1, 2006, and within thirty-six months of the approval of the application required by this chapter. No refund may be made unless:
(1) The project costs that are incurred in South Dakota exceed the sum of two hundred fifty thousand dollars in taxable costs; and
(2) The person applying for the refund obtains a permit from the secretary as set forth in § 10-46D-5. (This section is repealed on June 30, 2011 pursuant to SL 2006, ch 57, § 13.)

Source: SL 2006, ch 57, § 3.