AN ACT

        ENTITLED, An Act to  clarify the definition of purchase price for taxation purposes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That subdivision (10) of § 10-46-1 be amended to read as follows:
             (10)      "Purchase price," shall have the same meaning as gross receipts defined in chapter 10-45;

An Act to clarify the definition of purchase price for taxation purposes.

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I certify that the attached Act originated in the

HOUSE as Bill No. 1049

____________________________
Chief Clerk
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____________________________
Speaker of the House

Attest:

____________________________
Chief Clerk

____________________________
President of the Senate

Attest:

____________________________
Secretary of the Senate

House Bill No. 1049
File No. ____
Chapter No. ______  
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Received at this Executive Office this _____ day of _____________ ,

20____ at ____________ M.


By _________________________
for the Governor
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The attached Act is hereby approved this ________ day of ______________ , A.D., 20___

____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________ , 20___
at _________ o'clock __ M.

____________________________
Secretary of State

By _________________________
Asst. Secretary of State