The payments required in §§ 42-7-63, 42-7-79, 42-7-85, and 42-7-102 to be made by the licensee to the state treasurer are in lieu of all other or further excise or occupational taxes to the state or any county, municipality, or other political subdivision.
S.D. Codified Laws § 42-7-89
Payments to state in lieu of other taxes
Applied in 1 court decision — leading case American Totalisator Co. v. Southern Dakota Racing Club, Inc. (1993)
Most recently applied in American Totalisator Co. v. Southern Dakota Racing Club, Inc. (June 1993)
Source: SDC 1939, § 53.0510; SDCL, § 42-7-24; SL 1978, ch 302, § 30; SL 1989, ch 367, § 11A; SL 2005, ch 229, § 7; SL 2021, ch 49, § 16.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.