Section 10-39A-9 – Funds paid to counties.
10-39A-9. Funds paid to counties. Funds paid to counties under this chapter shall be paid out on warrants drawn by the state auditor on vouchers approved by the secretary. Source: SL 1978, ch 81, §13; SL 1979, ch 77, §2; SL 2021, ch 49, § 4.
Section 10-39A-10 – County trust and agency account–Purposes for which proceeds used by counties.
10-39A-10. County trust and agency account–Purposes for which proceeds used by counties. Upon receipt of any funds paid to a county under the provisions of this chapter, the county treasurer shall deposit the funds in a trust and agency account. The county auditor shall at the direction of the board of county commissioners, allocate the […]
Section 10-39A-16 – Action by secretary for collection of delinquent taxes–Exemption from execution.
10-39A-16. Action by secretary for collection of delinquent taxes–Exemption from execution. All delinquent taxes imposed by this chapter shall constitute a debt due to the State of South Dakota and may be collected by action brought by the secretary in the name of the state against the delinquent tax debtor in any court of competent […]
Section 10-39A-18 – Inspection of books and records–Authority of secretary–Violation as misdemeanor.
10-39A-18. Inspection of books and records–Authority of secretary–Violation as misdemeanor. The secretary may inspect or examine any books, waybills, inventories, correspondence, and memoranda relating to or used in the transaction of the business of a person subject to the tax imposed by this chapter. It is a Class 1 misdemeanor for any person having charge, […]
Section 10-39A-19 – Inspection of books and records–Authority of county commissioner–Violation as misdemeanor.
10-39A-19. Inspection of books and records–Authority of county commissioner–Violation as misdemeanor. The board of county commissioners of the affected county may inspect or examine any books, waybills, inventories, correspondence, and memoranda relating to or used in the transaction of the business of a person subject to the tax imposed by this chapter and severing energy […]
Section 10-39A-20 – False statement under oath as perjury.
10-39A-20. False statement under oath as perjury. Any person, required by this chapter to make or file a statement or to verify it under oath, who intentionally makes or verifies under oath a false statement is guilty of perjury with punishment, upon conviction, as provided by law. Source: SL 1982, ch 100, §5.
Section 10-39A-1 – Severance tax imposed on energy minerals–Rate.
10-39A-1. Severance tax imposed on energy minerals–Rate. For the privilege of severing energy minerals in this state, there is imposed on the owner or operator of any energy mineral an excise tax, to be termed a “severance tax,” equal to four and one-half percent of the taxable value of any energy minerals severed and saved […]
Section 10-39A-1.1 – Definition of terms.
10-39A-1.1. Definition of terms. Terms used in this chapter mean: (1)”Energy minerals,” any mineral fuel including coal, lignite, petroleum, oil, natural gas, uranium, and thorium and any combination of minerals used in the production of energy; (2)”Market value,” the price at which the property would change hands between a willing buyer and willing seller, neither […]
Section 10-39A-2 – Taxable value based on sale price or market value–Governmental royalty interests deducted.
10-39A-2. Taxable value based on sale price or market value–Governmental royalty interests deducted. Except as otherwise provided in this chapter, the taxable value of any energy mineral which has been sold is the sale price of such mineral less any rental or royalty payment belonging to the United States or the State of South Dakota […]
Section 10-39A-2.1 – Posted field price as taxable value.
10-39A-2.1. Posted field price as taxable value. When any energy mineral has a posted field price at the point of productions, the taxable value of such mineral is the posted field price. Source: SL 1978, ch 81, §5.