It is hereby declared to be in the public interest, in order to permit full and adequate regulation of public utilities as defined in chapter 49-34A, and telecommunications companies as defined in subdivision 49-31-1(28), to establish a fund known as the South Dakota Public Utilities Commission gross receipts tax fund.
S.D. Codified Laws § 49-1A-1
Purpose of fund
Source: SL 1975, ch 112, § 1; SL 1976, ch 292, § 1; SL 1991, ch 381, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.