ENTITLED An Act to increase the annual limit of tax credits that an insurance company may claim through the partners in education tax credit program.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That 13-65-3 be AMENDED:
13-65-3. Notwithstanding the provisions of 13-65-2, the total amount of tax credits claimed on annual premium tax returns pursuant to this chapter may not exceed five million dollars in fiscal year 2025 and each year thereafter.
An Act to increase the annual limit of tax credits that an insurance company may claim through the partners in education tax credit program.
I certify that the attached Act originated in the:
Secretary of the Senate
President of the Senate
Attest:
Secretary of the Senate
Speaker of the House
Attest:
Chief Clerk
File No. ____ Chapter No. ______
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Received at this Executive Office this _____ day of _____________,
2024 at ____________M.
By for the Governor
The attached Act is hereby approved this ________ day of ______________, A.D., 2024
ss. Office of the Secretary of State
Filed ____________, 2024 at _________ o'clock __M.
Secretary of State
By Asst. Secretary of State
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