South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-39A-8 — Proceeds distributed

All taxes, interest and penalties imposed and collected by the secretary under this chapter shall be distributed as follows:
(1) One-half shall be returned to the county in which the energy minerals or mineral products were severed; and
(2) One-half share shall be paid into the state treasury and credited to the general fund.

Last amended: Source: SL 1978, ch 81 , §§ 11, 12; SL 1979, ch 77 , §§ 4, 5; SL 1981, ch 96 ; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2007, ch 28 , § 1; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011; SL 2021, ch 49 , § 3.

Source: official text