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

708T0261   SENATE BILL   NO.  111  

Introduced by:    Senators Nelson (Tom), Juhnke, and Lederman and Representatives Romkema, Abdallah, Kirkeby, Rozum, Russell, and Stricherz
 

        FOR AN ACT ENTITLED, An Act to provide a deduction of certain mining permit fees for taxes paid on the mining of precious metals.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. That § 45-6B-36 be amended to read as follows:
    45-6B-36. Within sixty days prior to the anniversary date of the permit each year, the operator shall submit a map on the scale provided for by subdivision 45-6B-10(3) showing the reclamation accomplished and any deviations from the originally approved operating and reclamation plans. Except for operators which are units of state or local government, the operator shall submit, in addition to the map, an annual fee of one hundred dollars or an annual fee of fifty thousand dollars if the operation is a large scale precious metal, coal, or uranium mine that was permitted after January 1, 2009. The annual fee for any large scale coal or uranium mine permit shall be reduced by any tax paid in accordance with chapter 10-39B during the year preceding the date the annual fee is due. The annual fee for any large scale precious metal mine permit shall be reduced by any tax paid in accordance with chapter 10-39 in excess of one hundred thousand dollars during the year preceding the date the annual fee is due.

180 copies were printed on recycled paper by the South Dakota
Legislative Research Council at a cost of $.063 per page.   		.
   		Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by overstrikes.