South Dakota Codified Laws 13-65-3. Limit on tax credits
Current as of: 2023 | Check for updates
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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 three million five hundred thousand dollars in fiscal year 2023 and each year thereafter.
Terms Used In South Dakota Codified Laws 13-65-3
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
Source: SL 2016, ch 102, § 3; SL 2022, ch 50, § 2.