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Home » US Law » 2022 South Dakota Codified Laws » Title 10 - Taxation » Chapter 44 - Insurance Company Premium And Annuity Tax » Section 10-44-9.1 – Determining amount of fire insurance premium tax–Distribution.

10-44-9.1. Determining amount of fire insurance premium tax–Distribution.

On July fifteenth of each year, the secretary of the Department of Labor and Regulation shall determine the amount of fire insurance premium tax collected by the state under the provisions of §§10-44-2 and 10-44-9 for the previous calendar year. Ten percent of the tax collected pursuant to §10-44-9 is hereby annually appropriated to the Department of Public Safety for distribution to the South Dakota Firefighters Association, Incorporated, for training at state and district fire schools. Fifty percent of the amount remaining shall be distributed according to §10-44-9.4.

All amounts determined for distribution are hereby appropriated out of the general fund to the Department of Public Safety. Each fire department receiving funds from the fire insurance premium tax shall continue to receive an amount not less than the amount received on July 1, 1989.

Source: SL 1977, ch 98, §1; SL 1984, ch 30, §6; SL 1990, ch 84; SL 1994, ch 94, §1; SL 1995, ch 67; SL 2003, ch 272 (Ex. Ord. 03-1), §§20, 121; SL 2006, ch 31, §3; SL 2011, ch 1 (Ex. Ord. 11-1), §162, eff. Apr. 12, 2011; SL 2021, ch 50, § 1.