S.D. Codified Laws § 11-9-28

Current through the 2024 Legislative Session

Section 11-9-28 - Payment to political subdivision of allocable tax increment

Notwithstanding any other provision of law, each officer charged by law to collect and pay over or retain local real property taxes shall first, on the next settlement date provided by law, pay over to the county treasurer or municipal finance officer, as applicable, out of all taxes collected, that portion that represents a tax increment allocable to the political subdivision.

SDCL 11-9-28

SL 1978, ch. 91, § 17; SL 2018, ch 70, §30; SL 2024, ch 45, §11.

Amended by S.L. 2024, ch. 45,s. 11, eff. 7/1/2024.

Amended by S.L. 2018, ch. 70,s. 30, eff. 7/1/2018.