State of South Dakota  
EIGHTY-SEVENTH SESSION
LEGISLATIVE ASSEMBLY, 2012  

339T0265   HOUSE BILL   NO.  1180  

Introduced by:    Representatives Kirkeby, Dryden, Feickert, Munsterman, and Venner and Senators Rampelberg, Haverly, Juhnke, Maher, and Schlekeway
 

        FOR AN ACT ENTITLED, An Act to remit certain sales and use taxes collected at county-owned fairgrounds to counties.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. That § 10-52-5 be amended to read as follows:
    10-52-5. All moneys received and collected on behalf of a particular political subdivision by the Department of Revenue, pursuant to this chapter, shall be credited to a special municipal non-ad valorem tax fund which is hereby established in the state treasury and after deducting the amount of refunds made, the amounts necessary to defray the cost of collecting the tax, and the administrative expenses incident thereto, shall be paid within thirty days after collection to the municipality entitled thereto. The department shall remit the money to the municipality entitled thereto within thirty days after collection. The special municipal non-ad valorem fund is hereby established in the state treasury.
    However, the department shall remit fifty percent of the money received and collected on the premises of the county-owned fairgrounds during the annual county fair or any function lasting seven or more days at the fairgrounds to the county treasurer in which the taxes imposed

pursuant to this chapter were received and collected.