South Dakota Codified Laws
Chapter 37 - Consumers Power District Powers And Operations
Section 49-37-14 - Computation and payment of tax.

49-37-14. Computation and payment of tax.
For the purpose of determining the occupational excise tax levied by §49-37-13:
(1)All property owned, leased, operated, or controlled by any district shall be assessed and the tax equivalent computed, collected, paid, and apportioned in the same manner and for the same purposes as may now or hereafter be provided by law for the assessment and taxation of similar property similarly used by a private electric public utility; and
(2)Each district shall comply in the same manner and for the same purposes as may now or hereafter be provided by law for the return, assessment, collection, payment, and apportionment of all occupational, privilege, excise, or special assessment taxes, or licenses, levied or imposed upon any person, partnership, limited liability company, association, or private corporation engaged in a similar business.

Source: SL 1950 (SS), ch 17, §66; SDC Supp 1960, §52.1765; SL 1994, ch 351, §139.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 49 - Public Utilities and Carriers

Chapter 37 - Consumers Power District Powers And Operations

Section 49-37-1 - Usual corporate powers--Power to hold property in conduct of business--Authority to promote district.

Section 49-37-2 - Acquisition or operation of electric plants and systems inside or outside district--Singular or joint operations--Purpose.

Section 49-37-3.1 - Criteria considered in development of power systems--Alternative sources--Board determination as to size of facility.

Section 49-37-4 - Contractual powers--Sale of electrical appliances or equipment prohibited.

Section 49-37-4.1 - Contract to designate party as agent for itself and district--Delegation of contractual powers to agent.

Section 49-37-4.2 - Validation of prior contracts providing for designation of agent.