An Act to provide for the distribution of tax revenue from certain sales occurring on fairgrounds.

Be it enacted by the Legislature of the State of South Dakota:

Section SEQ SectionNumber \* MERGEFORMAT 1. That chapter HYPERLINK "https://sdlegislature.gov/Statutes?Statute=10-45"10-45 be amended with a NEW SECTION:

Any person filing a return and remittance in accordance with the provisions of � HYPERLINK "https://sdlegislature.gov/Statutes?Statute=10-45-27.3"10-45-27.3 shall report the amount of tax remitted in the previous period on gross receipts from all sales of tangible personal property taxable under this chapter, occurring on county fairgrounds.

The amount of tax remitted on gross receipts from all sales of tangible personal property, pursuant to � 10-45-27.3, occurring on a county fairground shall be deposited in the general fund of that county.

Section SEQ SectionNumber \* MERGEFORMAT 2.HYPERLINK "https://sdlegislature.gov/Statutes?Statute=10-45-47.1" That � 10-45-47.1 be AMENDED:

HYPERLINK "https://sdlegislature.gov/Statutes?Statute=10-45-47.1"10-45-47.1. The secretary of revenue may promulgate rules pursuant to chapter 1-26 concerning:

(1) Licensing, including bonding and filing license applications;

(2) The filing of returns and payment of the tax;

(3) Determining the application of the tax and exemptions;

(4) Taxpayer record-keeping requirements; and

(5) Determining auditing methods; and

(6) Depositing moneys into county general funds as provided in section 1 of this Act.

Statutes affected:
Introduced, 01/26/2023: 10-45-47.1