The bill amends the distribution of revenue from the cigarette tax in South Dakota. It specifies that the first thirty million dollars collected annually must be deposited into the general fund. Additionally, the next two million dollars in excess of thirty million must also be deposited into the tobacco prevention and reduction trust fund, which is designated for implementing the tobacco prevention and reduction program.

Furthermore, all revenue collected annually in excess of thirty-two million dollars must be deposited into the general fund. The amendments replace the previous language that required the first thirty million dollars to be deposited in the general fund and the next five million dollars to be allocated to the tobacco trust fund, thereby adjusting the amounts and ensuring that the funds are utilized as specified.

Statutes affected:
Introduced, 01/09/2025: 10-50-52
Senate Health and Human Services Engrossed, 01/29/2025: 10-50-52
Senate Appropriations Engrossed, 02/18/2025: 10-50-52