Municipal sales and use tax refund.
ENTITLED, An Act to
permit municipalities to refund certain sales and use taxes to contractors
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
be amended by adding thereto a NEW SECTION to read as
A municipality imposing a sales or use tax under this chapter may by ordinance enacted by its
local governing body provide for a refund of such taxes to a contractor or subcontractor licensed
pursuant to chapter 10-46A or 10-46B if the contractor or subcontractor meets the requirements
10-61-1. The ordinance shall provide a procedure for filing an application for the
refund and receiving the payment of the refund by the municipality.
Signed February 14, 2006