21.527.11 96th Legislative Session 471

2021 South Dakota Legislature

Senate Bill 149

SENATE TAXATION ENGROSSED

Introduced by: Senator Herman Otten

An Act to revise an appropriation regarding the fire insurance premium tax.

Be it enacted by the Legislature of the State of South Dakota:

Section 1. That § 10-44-9.1 be AMENDED.

10-44-9.1. Determining amount of fire insurance premium tax--Distribution.

On July fifteenth of each year, the secretary of the Department of Labor and Regulation shall determine the amount of fire insurance premium tax collected by the state under the provisions of §§ 10-44-2 and 10-44-9 for the previous calendar year. Thirty thousand dollars of that amount Ten percent of the tax collected pursuant to § 10-44-9 is hereby annually appropriated to the Department of Public Safety for distribution to the South Dakota Firefighters Association, Incorporated, for training at state and district fire schools, and assistance for costs related to firefighter level I and II essentials course certification training. Fifty percent of the amount remaining shall be distributed according to § 10-44-9.4.

All amounts determined for distribution are hereby appropriated out of the general fund to the Department of Public Safety. Each fire department receiving funds from the fire insurance premium tax shall continue to receive an amount not less than the amount received on July 1, 1989.

Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.

Overstrikes indicate deleted language.