South Dakota Codified Laws
Chapter 44 - Insurance Company Premium And Annuity Tax
Section 10-44-9.5 - Allocation to fire departments serving county--Amount.

10-44-9.5. Allocation to fire departments serving county--Amount.
Upon receipt of the funds as provided in §10-44-9.4 each county auditor shall determine the amount to be received by each certified fire department servicing the county, including those domiciled outside the county. All the funds received shall be divided one-half in the same ratio as the assessed valuation of all property within the service area of the department to the assessed valuation of all property within the service areas of all fire departments within the county, and one-half in the same ratio as the population of the area serviced by the department to the population within the service areas of all fire departments within the county. The county auditor shall base the allocation on figures contained in the most recent published annual statistical report of the Department of Revenue, and census or population estimates of the United States Department of Commerce Bureau of the Census.

Source: SL 1977, ch 98, §5; SL 1984, ch 30, §10; SL 2003, ch 272 (Ex. Ord. 03-1), §82; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. 12, 2011.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 10 - Taxation

Chapter 44 - Insurance Company Premium And Annuity Tax

Section 10-44-1 - Definition of terms.

Section 10-44-1.1 - Rules of director of insurance.

Section 10-44-2 - Tax levied on premiums and consideration for annuities--Time of payment--Overpayment refund or credit--Rates.

Section 10-44-2.1 - Applicability of tax on premiums and consideration for annuities.

Section 10-44-2.2 - Premium tax on travel insurance--Tax allocation and reporting.

Section 10-44-3 - Farm mutual insurers and fraternal benefit societies exempt from tax.

Section 10-44-4 - Tax credit for principal office or regional home office.

Section 10-44-5 - Functions of regional home office and principal office--Rules.

Section 10-44-6 - Proof of maintenance of principal office or regional home office and payment of ad valorem taxes--Certificate allowing tax credit.

Section 10-44-7 - Payment required for certificate permitting continuance in business.

Section 10-44-8 - Exemption of taxpayer from other taxes.

Section 10-44-9 - Additional tax levied on fire insurance premiums.

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

Section 10-44-9.2 - Fire departments eligible for tax distribution certified annually by department.

Section 10-44-9.4 - Allocation to counties--Amount.

Section 10-44-9.5 - Allocation to fire departments serving county--Amount.

Section 10-44-9.6 - Payments to fire departments--Uses of money--Accumulation of funds--Reallocation if fire department ceases to exist--Unused balance to general fund.

Section 10-44-15 - Payment of fire insurance tax proceeds into firemen's pension fund.

Section 10-44-16 - Penalty on unpaid taxes and installments--Refunds.