South Dakota Codified Laws
Chapter 16G - Economic Development
Section 1-16G-61 - Affidavit for reinvestment payment--Form and contents.

1-16G-61. Affidavit for reinvestment payment--Form and contents.
Any person that has timely filed the application and is holding a permit issued by GOED, and has completed the project, shall file an affidavit for reinvestment payment with GOED.
The affidavit for reinvestment payment shall contain the following information:
(1)The project owner's name and contact information;
(2)The general description of the project;
(3)The date of completion of the project;
(4)The final project costs;
(5)The amount of South Dakota sales tax, use tax, and contractors excise tax paid for the construction of the project;
(6)The location of the project;
(7)The legal description of the project location;
(8)A list of the contractors and subcontractors that performed work on the project;
(9)If the reinvestment payment was assigned or transferred, the name and address of the person to whom the reinvestment payment has been assigned or transferred; and
(10)Any other information that GOED may require.
The affidavit for reinvestment payment shall be on a form prescribed by the commissioner. The affidavit for reinvestment payment shall be signed by the project owner and signed under oath before a notary public. No affidavit for reinvestment payment may include more than one project.

Source: SL 2013, ch 7, ยง29, eff. Mar. 20, 2013.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 1 - State Affairs and Government

Chapter 16G - Economic Development

Section 1-16G-1 - Board of Economic Development created--Appointment--Terms.

Section 1-16G-1.1 - Authority of Board of Economic Development.

Section 1-16G-1.2 - Foreclosure as means of protecting loan--Sale, transfer, or conveyance of property.

Section 1-16G-1.3 - Nonvoting members of Board of Economic Development.

Section 1-16G-3 - Revolving economic development and initiative fund--Purpose.

Section 1-16G-5 - Receipt of repayment of loans and interest--Rules--Loans for credit enhancement--Reversion of excess.

Section 1-16G-6 - No appeal by applicant from board's action.

Section 1-16G-7 - Acceptance and expenditure of other funds by Board of Economic Development.

Section 1-16G-8 - Promulgation of rules.

Section 1-16G-10 - Annual report by Board of Economic Development.

Section 1-16G-11 - Documentary material consisting of trade secrets exempt from disclosure--Discussion of or action on trade secrets at meeting closed to public.

Section 1-16G-16.1 - Procurement of certain services for revolving economic development and initiative fund.

Section 1-16G-24 - Use of earnings for administrative costs of Division of Finance of Governor's Office of Economic Development.

Section 1-16G-47.1 - Disbursements from local infrastructure improvement grant fund and economic development partnership fund.

Section 1-16G-49 - Annual report to Government Operations and Audit Committee.

Section 1-16G-50 - Local infrastructure improvement grant fund.

Section 1-16G-51 - Economic development partnership fund created.

Section 1-16G-52 - Awards from economic development partnership fund.

Section 1-16G-53 - Matching basis of awards from economic development partnership fund.

Section 1-16G-54 - Promulgation of rules regarding local infrastructure improvement grant fund.

Section 1-16G-55 - Promulgation of rules regarding economic development partnership fund.

Section 1-16G-56 - Definitions relating to reinvestment payment program.

Section 1-16G-57 - Reinvestment payment procedure.

Section 1-16G-58 - Application for reinvestment payment.

Section 1-16G-59 - Factors for board review of application.

Section 1-16G-60 - Permit to submit an affidavit for reinvestment payment.

Section 1-16G-61 - Affidavit for reinvestment payment--Form and contents.

Section 1-16G-62 - Time for filing affidavit for reinvestment payment--Eligible project costs--Extension.

Section 1-16G-63 - Time and manner of reinvestment payment.

Section 1-16G-64 - Reinvestment payment fund created.

Section 1-16G-65 - Effect of tax collection agreement with Indian tribe.

Section 1-16G-66 - Public records-Information on the GOED website.

Section 1-16G-67 - Promulgation of rules on reinvestment payments.

Section 1-16G-68 - Prohibited commissions.

Section 1-16G-73 - Definitions relating to new frontiers program.

Section 1-16G-74 - Requirements for new frontiers program applicants.

Section 1-16G-75 - Time for filing application--Contents.

Section 1-16G-76 - Board review of application--Factors for consideration.

Section 1-16G-77 - Permit from GOED--Assignment and transfer of permit and payment--Amended application.

Section 1-16G-78 - Affidavit for new frontiers payment--Contents.

Section 1-16G-79 - Time for filing affidavit for payment--Final program cost determination--Extension.

Section 1-16G-80 - Time for new frontiers payment--Additional information.

Section 1-16G-81 - Repayment upon relocation outside of state--Repayment waiver.

Section 1-16G-82 - Limitations on reinvestment payments.

Section 1-16G-83 - Public information.

Section 1-16G-84 - Promulgation of rules regarding new frontiers program.

Section 1-16G-85 - [Effective until July 1, 2025] Definitions.

Section 1-16G-86 - [Effective until July 1, 2025] Disaster relief subfund--Creation--Continuous appropriation.

Section 1-16G-87 - [Effective until July 1, 2025] Disaster relief subfund--Loans.

Section 1-16G-88 - [Effective until July 1, 2025] Disaster relief subfund--Reporting.

Section 1-16G-89 - [Effective until July 1, 2025] Disaster relief subfund loans--Confidentiality.